The average retirement age in Sweden in 2021 was 64.9, according to the Swedish Pensions Agency.

A new report from the agency found that among women, healthcare assistants retire at the earliest age, whereas business developers are among the latest to retire. For men, carpenters tend to retire the earliest and IT architects the latest.

Swedish Pensions Agency analyst, Robin Fondberg, said: “Taking out the pension later is one of the most important choices we as individuals can make to increase our own pension. One year of extra work after the age of 65 gives between SEK 1,400 and SEK 2,200 more in pension per month before tax, for life.”

The average retirement age for 2021 is slightly lower than that for 2020 when it stood at 65, but slightly higher than 2019 when it was 64.6 years.

“Today we live almost three years longer than when the current pension system was introduced in the 90s. At the same time, the average retirement age has been largely constant. This means that the total pension amount must be distributed over more years than before, which results in a lower pension per month,” Fondberg said.

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