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23rd June, 2026

MNB pension calculator to aid retirement planning



The MNB has introduced a free online voluntary pension fund calculator following consultations with the pension fund sector.

The new tool allows users to estimate both the retirement savings required to achieve a targeted pension supplement and the expected monthly pension income generated by a chosen level of contributions. Calculations can also be tailored to specific pension fund providers.

The estimates are based on the current fee structures of pension funds and the long-term net returns of their investment portfolios.

According to the MNB, the initiative is intended to improve financial literacy, while greater transparency around pension fund performance and costs could also strengthen competition within the sector.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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