Retirement news in Portugal

“On the day I have to cut pensions, I will resign”: Montenegro closes PSD Congress and returns to the topic of retirement age

The Prime Minister gave a speech at the 43rd National Congress of the PSD and recalled the statement made during the election campaign, before he was elected.

The misfortune of the labour package

Lowering the effective retirement age to 65 tends to reduce revenue and increase expenses, which puts pressure on the sustainability of Social Security. Opinion by Maria do Rosário Gama

Here’s How You Can Retire to the Beaches of Portugal’s Algarve at 60

24/7 Wall St.19 Jun

Portugal named Europe’s best destination for retirement

Portugal ranked among world’s top retirement destinations for 2026

We have one of the highest contribution efforts for retirement

Portuguese workers bear a higher contribution effort than those in most countries, while benefiting, on average, from fewer years of retirement.

Pensions in Portugal, once again

A discussion regarding the recurring issue of pension policies and adjustments in Portugal.

Jornal de Negócios10 Jun

6 Wallet-Friendly Small Towns To Retire In Portugal

WorldAtlas9 Jun

Working in the hope of life, to death

The article criticises the Portuguese pension system, where the retirement age continues to rise in line with life expectancy, forcing people to work longer despite decades of contributions. It advocates for retirement at 65 or after 40 years of contributions to recognise long careers and physical wear. Furthermore, it calls for the 'Centeno Law' to address social inequality by capping exceptionally high pensions, arguing that the system must be fair and serve the average citizen rather than perpetuating privileges.

Retirement: the new financial challenge for families

For decades, retirement was viewed by many families as a stage secured almost exclusively by the State. Today, that perception has changed structurally. Demographic shifts, increased longevity, and growing pressure on public pension systems have introduced a new reality: ensuring financial stability in retirement will increasingly depend on individual savings capacity and long-term planning. This challenge is particularly relevant in Portugal, where an aging population and low birth rates threaten the sustainability of the pension system. Experts highlight a 'protection gap'—the difference between professional income and retirement income—which risks reducing quality of life. Addressing this requires improved financial literacy, earlier savings, and a shift in focus toward long-term personal financial management to ensure future autonomy and security.

Do you have questions about retirement? Camilo Lourenço clarifies

Today, in the 'Watch your wallet' segment, Camilo Lourenço clarifies everything about pensions.

Chega's measures on retirement age "are a complete mess"

Mafalda Anjos, a commentator for CNN Portugal, analyses André Ventura's statements on the day of a general strike.

Chega proposes new measures for retirement in Portugal

Chega proposes retirement at 40 years of contributions or 65 years of age and a maximum pension cap of 4,500 euros

Chega will propose in Parliament that a worker may retire upon reaching 40 years of contributions or 65 years of age, and intends to set a maximum cap of 4,500 euros for the highest pensions. The announcement was made by the leader of Chega during a press conference at the party's headquarters in Lisbon. André Ventura...

Ventura proposes access to retirement at 65 or after 40 years of contributions

The leader of Chega announced a package of proposals that includes pensions capped at 4,500 euros, the end of lifetime subsidies, and a new retirement model based on 40 years of contributions.

A few months of waiting could be worth tens of thousands of euros. Is it worth retiring now? Pedro Andersson helps you decide

The retirement age is set to rise again in Portugal, and requesting early retirement without doing the math properly could turn into one of the most expensive financial mistakes of your life, according to Pedro Andersson

Average pension paid by Caixa Geral de Aposentações increases by 57 euros in 2025

Last year, the number of CGA retirees recorded an average increase of 7,163 beneficiaries between 2024 and 2025.

Retirement age will be 66 years and 11 months in 2027

The retirement age is getting closer to 67 years. Early pensions requested in 2026 will have a 17.63% reduction.

“It’s not just cocktails and sunsets”: they sold their house in Colorado to live on a sailboat

After 33 years of saving, Michelle and Charly were able to retire in 2016, sold their house, and bought a boat to travel.

Short-term savings overlook retirement supplements

Six out of ten Portuguese people focus their savings primarily on the short term rather than supplementing their retirement, reveals a study by BPI Vida e Pensões.

63.3% of Portuguese admit to saving, but only 22.1% do so for retirement, says BPI Vida e Pensões study

Six out of ten Portuguese people save, but not for retirement. Savings are concentrated on short-term unforeseen events, at a time when longevity is increasing and the public pension system is showing signs of growing pressure. This is the portrait drawn by the study 'Thinking about the Future: how the Portuguese invest in their future in...'

Selling your home without moving out can lead to a 'more peaceful' old age

A company founded in late 2024 by an insurance veteran helps seniors sell their homes while continuing to live in them, retaining lifetime usufruct. The business is growing, but there are risks involved.

9 PM. Chega insists on lowering the retirement age

Ventura is awaiting the final version of the bill but warns that a favourable vote depends on the executive's concessions on these two points. Also, JD Vance states that the US is making progress in negotiations with Iran.

More and more Americans are choosing Europe for retirement. And Portugal remains among the most sought-after destinations

An increasing number of US citizens are opting to retire in Europe, with Portugal consistently ranking as a top choice.

SAPO12 May

Adjusting the retirement age? It is necessary to look at the sustainability of Social Security and the quality of life after retirement

It is unequivocal that today the Portuguese live more years after retiring, but the quality of life after that date is not the best. Adjusting the retirement age does not seem to be a good solution, at least in a Social Security system that financially seems to be doomed, according to the experts consulted.