How Much Retiree Households Spend On Average Each Year
When you sign those final papers, retirement begins—and with it, a whole new life. Income may change, but expenses don’t stop. In fact, understanding what retirees actually spend becomes essential. According to the recent U.S. Bureau of Labor Statistics (BLS) analysis, households headed by someone aged 65+ spent an average of $60,087 in 2023—about $5,007 […] More