Which Danish pension pillars does this cover?

It models the three funded pillars: mandatory ATP Livslang Pension, the occupational arbejdsmarkedspension (typically 12-17% of salary), and voluntary ratepension or livrente savings. It excludes the separate flat state folkepension benefit.

How is the pot turned into a monthly pension?

The total accumulated pot at retirement is divided by the expected number of years you will draw it (roughly life expectancy minus your retirement age). That annual figure is divided by twelve for the monthly estimate.

ATP Livslang Pension is a mandatory lifelong supplementary pension funded by a near-flat contribution on most workers — about DKK 284 per month at full time, split one third employee and two thirds employer. It pays a guaranteed lifelong income from retirement age.

Are the returns guaranteed?

No. The occupational and voluntary pots depend on market returns, which vary year to year, so the projection is illustrative. Only part of ATP is guaranteed. Use a conservative return assumption and check the official figures on PensionsInfo.

Is my data sent anywhere?

No. The whole projection runs in your browser. Nothing you enter is stored or uploaded.

Denmark Pension & Retirement Calculator

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This Denmark pension calculator projects your retirement pot and estimated monthly income from the three funded pillars of the Danish system. Enter your salary, ages and contribution rates and it grows each pillar to retirement, then converts the total into a monthly pension.

How it works

Each pillar’s yearly contribution is grown as an ordinary annuity — the future value of equal yearly payments earning your assumed fund return r over y years:

FV = C * ((1 + r)^y - 1) / r

The three pillars are:

ATP — a mandatory near-flat contribution (about DKK 280.66/month full time) paid every working month.
Arbejdsmarkedspension — the occupational pension, typically 12-17% of salary.
Ratepension / livrente — voluntary individual savings you set yourself.

At retirement the combined pot is divided by an estimated number of drawdown years (roughly 85 - retirement age) to give an annual pension, then by twelve for the monthly figure.

Example

A 30-year-old earning DKK 450,000 with a 15% occupational contribution, retiring at 68 with a 5% return, accumulates ATP, occupational and any voluntary pots that the tool sums and annuitises into an estimated monthly pension over the expected drawdown period.

Notes

This covers only the funded pillars. On top sits the flat state folkepension, which is means-tested and not modelled here. Payouts are taxable, and returns are not guaranteed — keep the return assumption conservative and compare against the official forecast on PensionsInfo.