What is a pension gap?

The pension gap is the difference between the retirement income you need and what your public pension plus private savings will actually provide. Most Europeans face a gap because public pensions alone rarely cover 70% of pre-retirement income.

What is the 4% withdrawal rule?

The 4% rule is a guideline suggesting you can withdraw 4% of your retirement savings per year (adjusted for inflation) without running out of money over a 25-30 year retirement. It's widely used for retirement planning.

How much public pension will I get?

In Spain, the average public pension is around 1,200 EUR/month, though it varies based on your contribution history. In Germany, the average is approximately 1,000 EUR/month. Check your country's pension authority for a personalised estimate.

How can I close my pension gap?

The most effective strategies are: increase your monthly savings rate, invest in diversified index funds for long-term growth, take advantage of tax-advantaged retirement accounts (planes de pensiones in Spain, Riester/Rürup in Germany), and start as early as possible.

Pension Gap Calculator

Find out if your current savings and public pension will cover your retirement needs — or how much more you should save each month.

Calculate for

Personal information

Current age

Desired retirement age

Current monthly net salary (€/month)

% of salary you want in retirement (%)

Pension income

Expected public pension (€/month)

Retirement savings

Current retirement savings (€)

Monthly savings contribution (€/month)

Expected annual investment return (%)

Your pension gap analysis

Find out if your current savings and public pension will cover your retirement needs — or how much more you should save each month.

How the pension gap calculator works

Enter your age, salary, and savings details to see whether you're on track for a comfortable retirement or need to adjust your plan.

Enter your personal details

Set your current age, desired retirement age, monthly salary, and what percentage of your income you'd like in retirement (replacement rate).

Add your pension and savings

Enter your expected public pension (varies by country), current retirement savings, monthly contribution, and expected investment return.

See your pension gap

Instantly see whether your projected savings will cover the gap between your needs and public pension — and exactly how much more to save if not.

Start early, retire comfortably

Thanks to compound interest, even a small increase in monthly savings today can close a large pension gap over 20-30 years. Track your retirement portfolio in Arfin to stay on course.

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