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Irish Pension Retirement Calculator

Our Irish pension calculator uses the following personal details to calculate your pension pot upon retirement: your current pension value, annual income, current age and monthly pension contributions.

Under the ‘Advanced Settings’ section, you can also edit values for inflation, expected salary growth, investment returns, and pension administration costs.

Your future pension value is calculated using the information provided, with the results showing the growth of your pension pot over your working life until retirement. We include the value of your pension in today’s money, as well as the future value of your pension adjusted for inflation.

Please note: This is a personal pension calculator, and does not include your state pension entitlements in the results which can be up to €299.30 per week.

Maximum Contribution Limits

The calculator allows you to clearly see your maximum pension contribution limits which qualify for tax relief.

The amount you can contribute with tax relief depends on your age and salary. For those aged over 60, the maximum is 40% of your earnings, and the maximum salary taken into consideration for tax relief is €115,000 per year.

Our pension calculator results include the potential value of your pension pot if you made the maximum contributions until your chosen retirement age.

Learn more about maximum pension contributions here.

Next Steps

After using the pension calculator to find out how much you will have when you retire, you may wish to learn more about how to maximise your pension pot, begin to make some adjustments, or simply review your current situation. Our series of in-depth pension performance guides are packed with advice on pensions in Ireland, including fund performance, management charges, risk and general advice. 

Frequently Asked Questions

This Irish private pension calculator allows you to edit all fields, which allows for an accurate calculation of your future pension pot. Under ‘advanced settings’, the default values can also be adjusted.

The State Pension, which is up to €299.30, is not included in this Irish pension calculator. This tool gives you an accurate calculation of your private or occupational pension pot.

This is a personal pension calculator, which means it applies to various types of pensions, including PRSAs (Personal Retirement Savings Accounts). Learn more about PRSAs here.

Yes, executive pensions are covered by this calculator. However, it’s important to note that the maximum employer contribution is now capped at 100% of your annual salary.

Cashing in pension funds early depends on the structure of your pension. Generally you can access a tax-free lump sum from the age of 50, or 60 in the case of PRSAs.

The percentage of your income you can contribute to your pension which qualifies for tax relief depends on your age. If you are under 30, the maximum you can contribute with tax relief is 15%, while over 60s can contribute 40%.

There are many tax benefits of investing in a pension.

  • Contribution limits increase with age.
  • Employer contributions are not taxed.
  • Your investment grows tax-free.
  • Lump sum withdrawals of up to 25% are tax-free.

Generally, people aim to have 50 – 70% of their final salary in retirement. However, everyone is different and there are various factors that will determine the optimal amount that you will be comfortable with post-retirement.

Whether you wish to review your existing pension or start a new pension, we have a range of pension information guides to help you take the next step on your journey towards a comfortable retirement.