The retirement period must be anticipated as much as possible. A study reveals the amount to be expected per month in order to live at home in good conditions.
By starting retirement, we know that its financial situation will change. In order to ensure a certain tranquility of mind, it is advisable to prepare this period as much as possible, by estimating the retirement that we will touch and its possible other income, its charges, the budget that must be allocated to its projects, etc.
But, even by launching into this type of calculation, it can be difficult to know what amount will continue to live comfortably at home. In addition to current expenses, it is necessary to provide costs related to age (glasses, hearing aids, health, etc.), as well as costs to keep your autonomy in order to stay living as long as possible at your home, which is often close to the elderly. This is precisely what Silver Alliance and Retirement.com in their annual barometer.
In the most recent edition, published in November 2024, this barometer reveals that living the best and as long as possible at home costs 1260 euros per month from 65 years, taking into account that this home is often shared by two individuals. This amount increased by 3.65 % compared to 2023, and 20.84 % since 2020. This amount is smoothed over 30 years, and the study also indicates how it costs per month depending on the profile. Thus, over the period from 65 to 75 years, it takes 704 euros per month to live in good conditions at home, an amount that climbs to 912 euros between 75 and 85 years and 2165 euros for those over 85.
To explain these differences, the barometer indicates that transport costs are one of the main spending stations between 65 and 75 years. For the age group of 75 to 85 years, the expenses that weigh the most in the budget are more expensive, since it is those related to health and home services. Once the 85 year old milestones have passed, which most impacts expenses are the costs of dependence and support care.
