Individual Pension Gap Calculator
It uses 2026 Irish State Pension rates and standard pension assumptions, but every situation is different. The result is a useful estimate to start the conversation, not a personalised plan. For a precise plan tailored to your circumstances, book a free consultation.
The maximum State Pension (Contributory) in Ireland from January 2026 is €299.30 per week, or roughly €15,564 per year. To qualify for the full amount, you need 40 years (2,080 weeks) of full-rate PRSI contributions.
The State Pension can be claimed from age 66, but you can defer it up to age 70 for a higher weekly payment. Private and workplace pensions can typically be accessed from age 60, sometimes earlier.
The amount depends on your age, income, and target retirement lifestyle. As a guide, Ireland allows tax-relieved contributions of 15% of salary at age under 30, rising to 40% at age 60+. The earlier you start, the less you need each month.
Pension contributions compound over time, meaning your returns earn returns. A €300/month contribution starting at age 30 can grow to over €450,000 by age 66 at a 6% annual return, but starting at age 40, the same contribution grows to about €230,000.
At retirement, you can take 25% of your pension pot as a lump sum, with the first €200,000 entirely tax-free and the next €300,000 taxed at 20%. The remaining 75% provides ongoing retirement income.
It’s never too late to start, but the longer you wait, the more you need to contribute monthly to reach the same outcome. Even starting in your 50s makes a meaningful difference, especially with tax relief on your contributions.
No. Everything you enter stays in your browser and is not stored, sent, or tracked anywhere. The calculator runs entirely on your device.
