Pensions, what will the allowance be like for thirty-year-olds who leave work after the age of 70? Here are the simulations

Bad news for today’s 30-year-olds. In fact, the INPS has recently updated its pension simulator, adapting it to new life expectations. This update provides a worrying prospect for young workers, highlighting a shift in the retirement age. According to the simulator, anyone who turned 30 this year and has recently started working will be able to retire at 66 years and 8 months only if they have paid at least 20 years of contributions and earned an allowance above a certain threshold (three times the monthly amount of the social allowance in 2024, equal to 1,603.23 euros). Otherwise, the retirement age could slide up to 74 years.