Pension calculator for Spain
Estimate your state pension in Spain: gross and net amount, retirement age and how much to save to close the gap.
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Popular questions
How much will my pension be in Spain?
Enter your age, your contribution years and your salary in the calculator above. For example, a 40 year old earning 29,540 EUR per year who keeps working until 65 can expect about 1,742 EUR net per month in today's money.
At what age can I retire in Spain?
For someone aged 40 today the statutory retirement age is 65. Retiring earlier usually reduces the pension, and working longer increases it.
How is the state pension calculated in Spain?
Ordinary retirement age is 66 and 10 months in 2026 and 67 from 2027, or 65 with 38 years and 6 months of contributions. Regulatory base = last 300 monthly contribution bases / 350 (max. base 5,101.20 EUR per month). Percentage: 50% at 15 years, then about 0.19% per extra month, 100% at 37 years. Pensions are taxed under IRPF like salaries.
How much should I save for retirement in Spain?
With a salary of 29,540 EUR per year, the estimated pension covers about 100.0% of your gross salary. To reach 70% you would need to save about 0 EUR per month, assuming a 3% real return.
How the pension is calculated in Spain
The Spanish retirement pension is a percentage of your regulatory base, the average of your contribution bases over the last 25 years. With 15 years you get 50%, and the percentage rises month by month to 100% with 37 years of contributions. The pension is paid in 14 instalments a year.
- Ordinary retirement age is 66 and 10 months in 2026 and 67 from 2027, or 65 with 38 years and 6 months of contributions.
- Regulatory base = last 300 monthly contribution bases / 350 (max. base 5,101.20 EUR per month).
- Percentage: 50% at 15 years, then about 0.19% per extra month, 100% at 37 years.
- Pensions are taxed under IRPF like salaries.
Examples for 2026
Person aged 40 with 15 years of contributions, retiring at the statutory age, amounts per month in today's money.
| Gross salary | Gross pension | Net pension | Share of salary |
|---|---|---|---|
| 22,000 EUR | 1,571 EUR | 1,364 EUR | 100.0% |
| 29,540 EUR | 2,110 EUR | 1,742 EUR | 100.0% |
| 45,000 EUR | 3,214 EUR | 2,476 EUR | 100.0% |
Minimum pension and retirement age
In 2026 the minimum retirement pension at 65 without a spouse is 936.20 EUR and the maximum 3,359.60 EUR, both paid 14 times a year. The average retirement pension was 1,576 EUR in September 2026.
Frequently asked questions
What is the minimum pension in Spain?
In 2026 the minimum retirement pension at 65 without a spouse is 936.20 EUR and the maximum 3,359.60 EUR, both paid 14 times a year. The average retirement pension was 1,576 EUR in September 2026.
What does the calculator not include?
Early retirement penalties, the gender gap supplement, gaps in contributions, special schemes and regional tax differences are not included.
Is this an official pension calculation?
No. It is an informational estimate based on 2026 rules published by the official sources listed on this page. For your exact entitlement, check your personal pension statement or ask the pension authority.
Sources and disclaimer
These results are an informational estimate in today's money. We use the 2026 rules and amounts published by the institutions below and check them when the rules change. Real pensions depend on your full insurance record. Early retirement penalties, the gender gap supplement, gaps in contributions, special schemes and regional tax differences are not included.