The current situation of retirement for the self-employed
Retirement from the age of 60 is possible, but for a self-employed person it can be a challenge and the requirements are demanding. It is important to consider the current retirement situation for the self-employed and the importance of planning for future financing.
Requirements for voluntary early retirement
The law allows the voluntary early retirement of the self-employed, two years before the legal age and with a minimum contribution of 35 years. However, they cannot access compulsory early retirement or that contemplated for periods of crisis for the general regime
The possibility of early retirement for the self-employed
The previous regulations did not provide for early retirement for the self-employed, but since the pension reform, self-employed workers can retire before the legal age under the conditions of voluntary early retirement. This implies having a maximum age of two years younger than the legal retirement age and a minimum of 35 years of contributions. A reducing coefficient is applied depending on the number of months of retirement and the number of credited contribution years
Possibility to collect two benefits
In some exceptional cases, a self-employed person may be entitled to two benefits. The general rule is that you cannot collect two pensions from the same scheme at the same time, but there are exceptions such as the widow’s pension. It is also possible to be entitled to two pensions if the applicant has contributed to two different schemes, such as the general scheme and the self-employed scheme. It should be noted that the contributions credited in each of the schemes must overlap for at least 15 years
The importance of planning for the future
It is recommended that the self-employed take out a pension plan to secure their financial future. Given today’s retirement conditions for the self-employed, it’s important to plan and take the necessary steps to ensure a comfortable and secure retirement