What if I retired onto a state pension?
Living on a state pension comes down to an amount, the month it starts, and the stretch between that month and the day earned income stops. Whether the answer holds depends less on the pension itself than on the spending it has to cover and on what carries the household through the years in between.
What the answer depends on
- The pension amount you enter and the month you expect payments to begin.
- The gap between the year work ends and the month the pension starts.
- Whether you treat the pension as taxed or as tax-free income in the plan.
- Regular household spending measured against the pension rather than against today’s salary.
- Other passive cashflow, savings you can reach, and debt still running at pension age.
Test the plan with and without the pension
Keep one copy of the plan without any pension income and one copy with it. Use the same spending, the same assets and the same final year in both, and enter the pension the same way each time — the same amount, the same start month, the same tax treatment. The difference you then read belongs to the pension alone.
After that, look at the years before payments begin. A plan can be comfortable from pension age onward and still run out before it, because the pension does nothing for the gap. An official estimate of your future pension exists; enter a figure you are willing to defend, then test a lower one.
Questions worth testing
- How much of regular spending would the amount you entered actually cover?
- Does the plan survive the years between the end of work and the first payment?
- What changes if the pension turns out to be a fifth lower than you entered?
- Which savings would have to close the difference, and how long would they last?
How to read the result
The plan uses the pension amount, start month and tax treatment you entered — nothing more. Worthifi does not calculate a Czech pension and does not know your entitlement, your pension age, indexation or how pensions are taxed, nor does it confirm that any payment will be made. Check your own situation with the official source or an adviser. This is not financial, tax or pension advice.
How it works in the app
Combine a permanent income change to zero at retirement with a second, tax-free income change for your expected pension from pension age. Financial independence and solvency checks treat the pension as real, untaxed money.
- Tap “Change your income” and set gross income to 0 from your retirement year, choosing “Permanent”.
- Tap “Change your income” again for the pension: set the amount, choose “Permanent”, pick the pension-age month, and switch on “Tax-free income”.
- Review solvency and the Could stop working year on the Dashboard.
Model this yourself