Calculate Your Pension
Results
Total Contributions
€0.00
Estimated Pension
€0.00
Data Source and Methodology
All calculations are based on the official data and formulas provided by INPS. For more information, visit the INPS website.
The Formula Explained
The calculation is based on the formula: \(P = C \times R\), where \(P\) is the estimated pension, \(C\) is the total contributions, and \(R\) is the expected return rate.
Glossary of Terms
- Current Age: Your age at the time of calculation.
- Retirement Age: The age you plan to retire.
- Monthly Contribution: The amount you contribute each month to your pension fund.
How It Works: A Step-by-Step Example
Assume you are 30 years old, plan to retire at 65, and contribute €500 monthly. By the time you retire, you will have contributed approximately €210,000, assuming no changes in contributions.
Frequently Asked Questions (FAQ)
What is the Italian pension system?
The Italian pension system is a government-managed scheme that provides retirement benefits to individuals who have contributed to the system.
What factors affect my pension?
Your pension is affected by your age, the amount you contribute, and the duration of your contributions.