What the model assumes about Spain

This page collects every Spain-specific number the model starts from: when the state pension begins and how it behaves, what healthcare and long-term care cost, what a retired household spends, and how tax is worked out. The planner prefills each of them, and you can change any of them during setup. Amounts are in EUR at today's prices, and the same data files drive the simulation itself, so a figure you read here is the figure your plan runs on.

The state pension

Starts at 67. The planner uses this both as your default retirement age and as the start age of your state pension.

Source: La Moncloa / Ministerio de Inclusion, Seguridad Social y Migraciones (2025). See it.

With inflation. Pensions rise every January in line with the average inflation of the previous twelve months, as guaranteed by a 2021 law. This keeps payments in step with prices from year to year.

Source: La Moncloa / Ministerio de Inclusion, Seguridad Social y Migraciones (2025). See it.

What a surviving partner keeps: 52% of the deceased's pension. The survivor receives a widow's or widower's pension of 52 percent of the amount used to calculate the deceased's pension, paid on top of their own pension. Both together cannot exceed the state maximum pension.

Source: Revista de la Seguridad Social (Spanish Social Security) (2026). See it.

How the simulation pays and raises pensions: the income section of the technical reference. What changes at the first death: the couples section.

Healthcare

€1,009 a year for each person, at 65. Health spending outside long-term care: visits, medicines, glasses, dental work and any premiums you pay yourself. The planner starts from this figure and moves it as you age. The source published €1,009. We adjusted the published figure to the model's per-person basis.

Source: Instituto Nacional de Estadistica (INE), Spain (2025). See it.

How the model ages this figure: the expenses section of the technical reference.

Long-term care

€27,961 a year out of your own pocket if you need residential care. You pay the full price until your savings run down far enough to qualify for help.

Source: European Commission (Social Protection Committee / DG EMPL) (2021). See it.

The model does not add the whole charge on top of your budget: the groceries, and for renters the housing, that a care home replaces are credited back. How the care model works.

What a retired household spends

€911 + €177/mo for one person, €1,367 + €266/mo (derived) for a couple. Essential spending plus everything-else spending, each month, excluding housing and healthcare, which the planner asks about separately. The prefills come from INE Encuesta de Presupuestos Familiares (EPF) 2025, hogar de una sola persona de 65 o mas anos (COICOP 2018/EPF, annual EUR per household, published 2026-06-25). The couple figure applies a documented factor of about one and a half to the single budget, because no couple budget is published.

Source: INE Encuesta de Presupuestos Familiares (EPF) 2025, hogar de una sola persona de 65 o mas anos (COICOP 2018/EPF, annual EUR per household, published 2026-06-25) (2026). See it.

What each budget covers and how spending changes with age: the expenses section of the technical reference.

Tax

The model recalculates your tax bill for every simulated year, using Spain's own scales, allowances and thresholds for the 2026 tax year, last read on 2026-07-30. The answers are checked against their rate data. Couples are assessed together where the rules allow it.

How Spain taxes a retirement plan lists every figure, the tax office page each one came from, and everything the model does not do there.

Everything we read

Every publication behind the pension, care, healthcare and budget figures above. The tax page carries its own references, one per figure.