Swedish Pension Calculator 2026
Estimate your future Swedish pension. See how public pension, occupational pension, and private savings combine to form your retirement income.
Your Details
Most employed people in Sweden have ITP or similar occupational pension
Private Savings (Optional)
ISK, fund savings, or private pension
Results shown in today's purchasing power. 0.4% fee deducted on occupational pension.
Estimated Monthly Pension (today's money)
17 783 SEK
40% of your current salary · 32 years until retirement
Public Pension
13 452 SEK
Occupational
4 331 SEK
ITP1: 4.5% up to 52 125, 30% above
Private Savings
0 SEK
Add savings above
Low replacement rate. Your estimated pension is only 40% of your current salary. Most financial advisors recommend at least 60-70%. Consider increasing your private savings or extending your working years.
Calculation Details
7.5 x IBB / 0.93 = ~56 050 SEK/month
7.5 x IBB = 625 500 SEK/year
Estimate only, in today's money. This calculator uses real returns (after inflation) so all amounts are shown in today's purchasing power. A 0.4% annual management fee is applied to occupational pension. Actual pension depends on many factors including income history, fund performance, and future policy changes. For your official pension forecast, visit minPension.se
Frequently Asked Questions About Swedish Pension
Understanding Swedish Pension
The Swedish pension system is designed to provide retirement income from multiple sources. The public pension (allmän pension) forms the base, funded by 18.5% of your pensionable income. Of this, 16% goes to inkomstpension (a notional account adjusted by the income index) and 2.5% goes to premiepension (invested in funds you choose).
For most employed Swedes, occupational pension adds a significant portion — typically 4.5% of salary below 7.5 IBB (52 125 SEK/month) and 30% above it. This is especially important for higher earners whose income exceeds the public pension salary ceiling of 56 050 SEK/month.
The typical replacement rate (pension as percentage of final salary) in Sweden is 50-65% for someone who works about 40 years and retires at 65-67. Private savings can help close the gap to maintain your lifestyle in retirement.
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