Here’s Exactly How Much Retiree Households Spend in a Year

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How much does it cost to get by in retirement? Not a whole lot less than it does before retirement. U.S. households led by someone who is 65 or older spend $57,818 a year, on average. That’s according to federal data on consumer spending for the latest calendar year available, which is 2022. By comparison, the average across all households is $72,967. So, where is all that money going every golden…

Karla Bowsher,

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