Positive Financial Outlook for Swedish Pensioners in 2025
Swedish pensioners can expect financial improvements starting in 2025, with notable increases in pensions but ongoing gender disparities remain.
Key Points
- • Pensioners to see financial improvements in 2025.
- • Average pension for couples to rise to 16,129 SEK after expenses.
- • Single women pensioners earn 70% of men's pensions on average.
- • Ongoing disparities highlight economic inequalities for female pensioners.
Swedish pensioners are set to see significant financial improvements starting in 2025, with a projected increase in pensions and tax reductions bringing welcome relief. According to a report by Länsförsäkringar, the average pension for couples is expected to rise to 16,129 SEK per month after necessary expenses, reflecting a monthly increase of 1,473 SEK. Single pensioners are anticipated to save an average of 4,087 SEK, which is 1,053 SEK more than in previous years.
In 2025, pensioners can look forward to a 4% increase in their pensions, along with decreasing taxes that will ease their financial burdens. However, the report highlights continuing inequalities, particularly among single female pensioners who earn an average of only 70% of their male counterparts' pensions. Specifically, women pensioners are projected to have just 1,103 SEK remaining after expenses, an increase of 1,038 SEK, juxtaposed with men expected to have 7,269 SEK left, marking a rise of 1,176 SEK. Trifa Chireh, a pension economist at Länsförsäkringar, emphasizes that these changes represent a much-needed respite for pensioners who have struggled with rising costs in recent years and points to the significant disparities faced by single women pensioners.