How to calculate your retirement?
At what age will I retire and how much will I get? These are usually the two questions that come to mind when we think about what awaits us after the end of our active life. These questions are all the more significant in the midst of pension reform, which worries the French. In this context, Digital directs you to easily calculate your retirement online.
As a reminder, the calculation of the pension is based on the following mathematical formula: average annual salary x liquidation rate x (contribution period / reference period) = amount of the basic pension. From this operation, it will then be easier for you to project yourself into the future, with the year of your retirement and the resulting pension.
Among the easiest tools to use to get an overview of your retirement pension, those of insurers such as Groupama, AG2R La Mondiale and Macif allow you to obtain an estimate in a few seconds, just like the site Retirement in plain English. In addition, they do not require registration or going through the France Connect portal to access them, like the Simul Retraite and Agirc-Arrco sites.
Each time, the same information is requested on the online tools:
- Date of birth
- Number of children
- Your status (employee, artisan, merchant, etc.)
- The date corresponding to your entry into the world of work
- Your net annual compensation
Some tools ask for some additional information, such as the desired retirement age or the evolution of your remuneration since the start of your career (stable, average or high). Depending on the tools and information requested, a non-negligible difference, of the order of €200 to €500, may appear on the amount of the estimated net retirement pension. To get an idea of the date of your retirement and the resulting remuneration, that is enough.
On the other hand, to have a precise and reliable calculation, it is better to rely on the simulator offered by the government with your retirement account. This is accessible via the Info Retraite website. As the site is linked to other public service platforms via the France Connect portal, in particular the one where you declare your taxes, the simulator already has all the data necessary to perform the calculation. After indicating the number of children you have, it gives you a precise result with three possible options: at the legal age, at the full rate and at the age of the automatic full rate.