Plan your retirement across EU borders. Model pension entitlements from multiple countries, cross-border savings, and the impact of currency on your retirement timeline.
Projected at 65
€4.4M
Required corpus
€1.2M
Status
On track
If you've worked in multiple EU countries, you've likely accumulated pension rights in each one. EU regulations (EC 883/2004) protect these rights — periods of insurance in different member states are aggregated when calculating your entitlement. But each country pays its share separately, and benefit levels vary enormously. A year of contributions in Luxembourg is worth far more than a year in Poland. Understanding your multi-country pension picture is the foundation of expat retirement planning.
Most expats have retirement assets scattered across state pensions, occupational pensions, private pensions, and investment accounts in multiple countries. The first step is gathering everything into one view. List every pension entitlement (request statements from each country's pension authority), add your private savings and investments, and calculate the total in your planned retirement currency. Only then can you assess whether you're on track.
Your retirement destination determines your cost of living, tax treatment, and healthcare access. Retiring in Portugal under the NHR regime offers different tax advantages than retiring in France or Germany. Some countries tax foreign pensions; others don't. Healthcare costs vary by an order of magnitude. Use life scenario simulation to model how different retirement locations affect your financial timeline and required savings.
Required corpus = Annual retirement expenses ÷ 0.04 (the 4% rule)
This calculator estimates your required retirement savings using the 4% safe withdrawal rate. It projects your current savings forward with compound growth from monthly contributions and investment returns, then compares the projection to your required corpus. The chart shows whether you're on track to meet your retirement goal.
A 30-year-old earning $6,000/month, contributing $2,500/month to retirement, with $30,000 already saved at 7% return: by age 65, the portfolio projects to approximately $3.8 million. If retirement expenses are $4,000/month ($48,000/year), the required corpus is $1.2 million — well on track. But if they wait until 40 to start with the same savings, they'd only reach about $1.5 million.
Adjust the retirement expenses slider to reflect your expected lifestyle — not just your current expenses. Healthcare costs typically increase significantly in retirement.
If the projection shows a gap, try increasing your monthly contribution by even $200. Small increases early have outsized impacts due to decades of compounding.
Don't forget Social Security income. While this calculator shows the full amount you need saved, Social Security may cover 20-40% of retirement expenses for many Americans.
Run this calculator annually as your income and savings change. The earlier you spot a shortfall, the easier it is to correct.
If you're behind, focus on the three levers: increase contributions, delay retirement by a few years, or reduce planned retirement expenses.