According to a Euronews Business survey, Europeans don’t even get to enjoy their retirement for an average of 20 years.
In 2024, the retirement age in the European Union was 64.7 years for men and 64 for women.
Men are estimated to live an average of 18.4 years after retirement, while women live an average of 21.8 years.
In Cyprus, since individuals can retire at age 65, life expectancy after retirement is 19.8 years for men and 22.5 years for women.
Sweden, Portugal, Belgium, Ireland, the United Kingdom, Austria, and Finland have figures similar to those of Cyprus.
Overall, these countries do not exceed the retirement age of 66.
Male retirees
The most extreme figures are recorded in Bulgaria and Hungary, where men live for 14.7 years after retirement.
Meanwhile, in Latvia, Romania, and Lithuania, the figure is 16 years.
In Turkey, they now live another 27.3 years.
The European country with the longest life expectancy—22 years—is Luxembourg.
Female retirees
In terms of women’s life expectancy, women in Hungary have the fewest years after retirement—18.6. Meanwhile, women in Bulgaria, Romania, the Netherlands, Croatia, Denmark, Latvia, and Iceland also spend fewer than 20 years in retirement.
In contrast, people in Turkey live another 34.5 years, and in Luxembourg—which ranks second highest—25 years.
People live more than 22 years outside Cyprus in Slovenia, Greece, France, Spain, Switzerland, Malta, Italy, Portugal, and Finland.
See the report by Kleio Vourkou
