At what age can I retire in Finland?

In Finland, the general retirement age is gradually rising. For those born in 1965 or later, the lowest old-age pension age is 65. Check the Finnish Centre for Pensions (ETK) for your specific age.

How is the Finnish pension calculated?

Your pension accrues at 1.5% of your annual earnings per year. From age 53 to 62, the accrual rate is 1.7%, and from 63 onwards it is 1.5% again. Pension is calculated on all earned income.

Can I supplement my pension with private savings?

Yes, voluntary pension savings and other investments can supplement your statutory pension. Consider PS-accounts, equity savings accounts, or mutual funds for long-term retirement saving.

Retirement Calculator

Estimate your future retirement pension in Finland based on your current salary, age, and planned retirement age.

Current age: 35 v

Retirement age: 65 v

Desired monthly income in retirement (€): 3 000 €

Estimated statutory pension (TyEL+Kela) (€/mo): 1 800 €

Annual investment return (%): 6 %

Current savings/investments (€): 15 000 €

Required nest egg at retirement

184 080 €

30 years to retirement

Monthly savings needed for retirement

97 €/kk

Additional need/mo in retirement: 1 200 €/kk

15 000 €

Nykyiset säästöt

86 152 €

Kasvaa eläkkeelle (30 v)

97 928 €

Puuttuu vielä

This is a simplified estimate. Real retirement planning should be done with a professional. Your statutory pension significantly affects the outcome.

This retirement calculator helps you estimate how large a nest egg you need to live at your desired level in retirement. It suits people of any age who want to see whether their current saving pace covers future needs.

How the calculator works and what it’s for▾

How the required nest egg is calculated

The calculator starts from the annual income you want in retirement and estimates how much capital is enough to cover it for the desired number of years while the capital still earns a return. The higher your yearly spending, the larger the nest egg needed.

A longer retirement or a higher desired standard of living raises the capital required, while a higher return on capital reduces it.

What you enter and what you get

Enter the target retirement income, your retirement age and an expected investment return. The calculator returns the required nest egg and can show how much you should save to get there.

You can try different living standards and retirement ages to see how they change the target capital.

Who finds it useful

It works both for people early in their careers starting to save and for those in mid-life checking whether they are on track. It turns a distant goal into something concrete.

Good to know

The calculator gives a guiding estimate and does not account in detail for statutory pensions or inflation. Use the result as a starting point and supplement it with your own pension forecasts.

🔄 Reviewed June 2026