Retirement Simulator for Spain

All amounts are in today's purchasing power: nominal returns are deflated by the inflation assumption and contributions are held constant in real terms. Seguridad Social pension (Régimen General): contribution base = gross annual salary over twelve, between the base mínima (1,989.30 EUR) and the base máxima (5,101.20 EUR a month in 2026), or the base entered, rising by the entered real growth a year until work stops (the same growth backwards for past years), never above the base máxima of its year, which rises by 1.2 real points a year from 2024 to 2050 (DT 38ª), nor below the base mínima. Base reguladora = the sum of the 300 bases before the claim divided by 350 (the months between the end of work and the claim are gaps, integrated like the ones below), the last 24 at nominal value and the older ones revalued with the CPI; from 2026 the new formula is computed too (2026: the 302 highest bases of the last 304 months over 352.33; two bases, four months and 2.33 more each year to the best 324 of 348 months over 378 in 2037) and the higher applies through 2040, the new one after; months without contributions inside the period are integrated at the base mínima for 48 months and half of it beyond. Percentage: 50 % with 15 years contributed, plus 0.21 % per month for 49 months and 0.19 % after until 2026 (100 % with 36 years and 6 months), and from 2027 0.19 % to month 248 and 0.18 % after (37 years). Ordinary age: 66 years and 10 months in 2026 and 67 from 2027, or 65 with 38 years and 3 months (2026) or 38 years and 6 months (from 2027) contributed, by the rule in force in the year it is reached. Voluntary early retirement: up to 24 months early with 35 years contributed, with the monthly coefficients of article 208 LGSS by months of anticipation and contribution band (38 and a half, 41 and a half, 44 and a half years); when the pension exceeds the maximum the coefficient applies to the maximum, in transition from 0.5 % per quarter between 2024 and 2033. Deferral: 4 % per full year worked past the ordinary age and 2 % for more than six months from the second year; the pension is claimed when work stops. Cap at the maximum pension (3,359.60 EUR per payment) and floor at the minimum for the family situation (13,106.80 EUR a year without a spouse, 12,441.80 EUR with a non-dependent spouse, 17,592.40 EUR with a dependent spouse from 65; a little less before), without checking the income limit of the complemento a mínimos. 14 payments a year; the page shows the twelve-month average. Revalued with the CPI, so it keeps its purchasing power. Contributions stop when work stops. IRPF: the pension, the plan withdrawals and the partner's salary are work income; the yearly total of each return is reduced by 2,000 EUR of expenses per earner and the work-income reduction (7,302 EUR up to 14,852 EUR net, less 1.75 per euro to 17,673.52 EUR and 1.14 per euro to 19,747.50 EUR), and the state scale (9.5 / 12 / 15 / 18.5 / 22.5 / 24.5 %) and the regional scale of the chosen comunidad for Renta 2025 apply to the base liquidable, less the same scales on the taxpayer minimum (5,550 EUR, plus 1,150 EUR from 65 and 1,400 EUR more from 75). With a partner, each is taxed on their own return at their own age, or jointly (one return, 3,400 EUR reduction, both age minimums) when switched on. Thresholds stay in nominal euros for the first five years of the plan and keep their real value after. Pensioners pay no contributions and healthcare is free; the partner's salary carries the employee contributions (4.70 + 1.55 + 0.10 % plus 0.15 % MEI, up to the base máxima). Planes de pensiones and plan de empleo: each balance grows at its return with its contributions until work stops; as income, the plan pot is drawn by each year's need, first up to the top of the 24 % bracket of the base (about 22,200 EUR of work income), then the portfolio, then the plans again, with the IRPF of each withdrawal solved so the target is met net; as capital, the whole balance is taxed in the retirement year on top of the pension, with a 40 % reduction on the share entered as pre-2007, and the net joins the portfolio. The plans open when work stops. Portfolio: the gain share of each year's withdrawals is taxed at the escala del ahorro (19 % to 30 % by the year's realised gain, thresholds frozen like the IRPF ones) or at the effective rate entered, with no allowance; the cost basis is today's portfolio less the unrealised gain entered, plus every contribution and every net plan capital, and since the basis is nominal, inflation gains are taxed as in law. The headline income is the highest level monthly spending, in today's money, that the year-by-year run can finance to the plan age without a shortfall in any year; the run at your actual target reports the age at which the capital runs out. A partner is simulated on the first person's age scale with their own years, base, claiming age and plan; their gross salary counts while they still work. The pensión máxima of the claim year rises by 0.115 real points a year from 2025 to 2050 (DT 39ª). The complemento a mínimos is withdrawn, by the excess, in any year whose previous year's plan withdrawals and realised gains (household total) exceeded the income limit (9,442 EUR, 11,013 with a dependent spouse). Survivor scenario (partner block): from the partner's plan end their pension and salary stop, their plan passes to the survivor, the survivor receives the pensión de viudedad (52 % of the partner's base reguladora, 60 % from 65 without a pension of their own, the sum of both pensions capped at the máxima of the year), files alone and spends the entered share. Not modelled: jubilación activa, partial and flexible retirement, convenio especial, the gender gap supplement, gaps inside a continuous career beyond the integration, the deferral lump sum, the solidarity contribution, Navarra and the Basque Country, insured life annuities, the mínimas de viudedad; gaps are integrated only for a base at or above the general mínima (a lower base is read as an autónomo's, and RETA integrates no gaps). Estimates only, not financial or tax advice. Signed-in users are prefilled from their profile and pension accounts; until confirmed on the profile, the gross salary is estimated as the monthly net income times 12 divided by 0.78.