In Spain, the retirement age in 2025 will be 63 or 64 years, a rule established in 2013 to adapt to reforms in the Social Security system. One of the tools available for planning retirement and knowing the estimated amount of the pension is through the "Your Social Security" portal.
To use this service, it is necessary to register the mobile phone number in the Social Security database. Once this is done, a security code will be sent to the mobile phone that will allow access to the simulator. Through the platform, details such as the contributed time, the retirement access age, and the different options available can be consulted, whether ordinary, early, or deferred retirement.
Social Security has implemented this tool to improve access to information and promote digital retirement planning, without the need for in-person procedures. To obtain the pension estimation, three pieces of information will be required: identity document, date of birth, and linked phone number.
According to Gonzalo Bernardos, an economics expert, he is optimistic about the Spanish economy in 2025. The accessibility to this information is of utmost importance for workers to organize their retirement in advance. In case the phone number is not registered or has been changed, it can be updated through the "Import@ss" portal of the General Treasury of Social Security (TGSS).
The retirement pension simulation provides an estimation based on different work scenarios, although the results are approximate and subject to possible variations according to changes in work life or regulations. Access to this tool helps make economic and employment decisions with a view to the future.
