Retirement Planner

Sweden Retirement Calculator / Pensionskalkylator

Plan your Swedish retirement with our calculator designed for Sweden's pension system. Includes allmän pension, tjänstepension, and private pension savings strategies (PPM and ISK).

Allmän Pension
State pension planning

Calculate income pension (inkomstpension) and premium pension (premiepension) from Swedish state system.

Tjänstepension
Occupational pension

Plan workplace pension contributions (typically 4.5% of salary) and understand ITP, SAF-LO, or PA schemes.

Privat Pension
Private savings

Optimize ISK (Investeringssparkonto) and pension insurance for tax-efficient retirement savings.

Swedish Pension System Features

Public Pension (Allmän Pension)

  • ✓ Income pension (inkomstpension) - 16% of salary
  • ✓ Premium pension (premiepension) - 2.5% to PPM
  • ✓ Flexible retirement age (62-68)
  • ✓ Guarantee pension (garantipension) for low earners
  • ✓ Pension based on lifetime earnings
  • ✓ Automatic indexation for inflation

Occupational & Private Pensions

  • ✓ Tjänstepension (ITP, SAF-LO, PA schemes)
  • ✓ Employer contributions (4.5-30% of salary)
  • ✓ ISK (Investeringssparkonto) tax-efficient investing
  • ✓ Private pension insurance (privat pensionsförsäkring)
  • ✓ Endowment insurance (kapitalförsäkring)
  • ✓ Tax relief on private contributions
Swedish Retirement Statistics / Svenska Pensionsstatistik

Pension Age / Pensionsålder

65

standard

Life Expectancy / Förväntad livslängd

83

years / år

Inflation / Inflation

2.2%

average / genomsnitt

Pension Contribution

18.5%

of salary / av lön

Vanliga Frågor - Swedish Pension FAQs

När kan jag gå i pension i Sverige? / When can I retire in Sweden?

You can start taking allmän pension from age 62, but full benefits typically start at 65. Many Swedes work until 65-67. Our calculator helps determine the optimal retirement age.

How much pension will I get in Sweden?

Swedish pension depends on lifetime earnings. Average pension is kr 18,000/month, but varies significantly. Tjänstepension typically adds 10-30% more on top of allmän pension.

What is PPM in Sweden?

PPM (Premium Pension) is the 2.5% portion of allmän pension you can invest yourself through fund choices. Your selection can significantly impact your retirement income.