Bridge Senior Living’s educational tool to help families estimate potential monthly expenses that may be associated with aging at home.
Gather Your Monthly Costs
| Monthly Expense | Cost ($) | Monthly Expense | Cost ($) |
|---|---|---|---|
| Mortgage/Rent | $ | Housekeeping | $ |
| Property taxes | $ | Home security system | $ |
| Homeowners insurance | $ | Smart home technology | $ |
| Home association fees | $ | Personal alert system | $ |
| Utilities | $ | Transportation | $ |
| Trash/Recycling Removal | $ | Lawn care/ Snow removal | $ |
| Groceries | $ | Dining out | $ |
| Phone service | $ | Meal delivery | $ |
| Internet service | $ | Home health care | $ |
| Cable TV service | $ | Other | $ |
| TOTAL | $ | TOTAL | $ |
Anticipate Your Future Home Costs
- Have you experienced rising home maintenance costs over the past 2-3 years, or do you anticipate any large-scale home maintenance costs in the next 2-3 years (roof, plumbing, electrical)?
- Have property taxes, insurance, or utility bills risen recently?
- Do you anticipate that you will need any home modifications as you age at home?
- Are you paying more or do you expect to pay more for convenience services (meal delivery, transportation, grocery delivery) over the next 2-3 years?
Determine “Peace of Mind” Costs
- Do you have an emergency evacuation plan if severe weather or power loss occurs?
- Do you have a plan for overnight support or supervision if needed?
- Who would assist with transportation or relocation if you could not stay at home?
- Could added safety needs increase monthly expenses? If your health needs change tomorrow, would you need additional paid caregiving support?
- What other costs would increase if mobility or memory support became an issue?
Want to explore planning options? Contact us to schedule a conversation or tour.
Disclaimer: This worksheet is for educational purposes only. Actual costs vary by location and individual needs. This
is not financial advice and does not compare costs to any specific senior living community.
