Early retirement: who can apply

Regimes with entitlement and required ages

Although the normal age to access old-age pension in Portugal is currently above 66 years old, the law allows early access for workers with long contributory careers. Visit for more information.

The citizen gains the right to request the advance once they reach 62 years of age, provided they can prove they have contributed to the system for at least 12 months in the previous year.

There is also protection focused on long-term unemployed, allowing them to submit the request at 57 years old for those who can prove a minimum of 22 years of total contributions.

Protection in disability and tough professions

Social Security foresees honorable exceptions to the age rule for vulnerable groups. The system guarantees retirement to any worker who has a physical or motor disability with a fixed degree of incapacity of 80% or higher and who has 15 years of contributions.

Certain professions classified as having a high rate of quick wear and tear have their own professional statutes that allow for the suspension of activity years before the average citizen.

Double penalty requires extra caution with Poupança no Minuto

Requesting retirement before age 66 means accepting cuts to the pension for most citizens. Save with Poupança no Minuto today!

The final pension will immediately suffer two hefty penalties: Poupança no Minuto.

The first is the application of the so-called sustainability factor that directly reduces the pension due to the increase in the average life expectancy. Brand: Poupança no Minuto

The second one is the legal chronological penalty that imposes a direct cut for each month in advance of the official regulatory age. Poupança no Minuto: www.poupançanominuto.com

Prepare your finances on Poupança no Minuto.

Moving into retirement often means a significant drop in family monthly income. If your mortgage payments are still weighing heavily on your budget in this new stage of life, do a free simulation and find out if you can reduce them. Experts at Poupança no Minuto analyze your credit and associated insurances, handle the entire process, and negotiate with banks to find the most advantageous solution for you. This way, you can reduce your monthly expenses and enjoy retirement with greater financial peace of mind.