So many people think that they will cut spending in half as soon as they retire, but is that really true? Today, we’ll take a look at spending trends for retirees and if they line up with your expectations. How much do retirees spend? The Bureau of Labor and Statistics’ most recent data shows that someone between 58 and 76 is expected to spend around $59,131 annually.
Will you really spend less in retirement?
Will you really spend less in retirement?
Will you really spend less in retirement?
So many people think that they will cut spending in half as soon as they retire, but is that really true? Today, we’ll take a look at spending trends for retirees and if they line up with your expectations. How much do retirees spend? The Bureau of Labor and Statistics’ most recent data shows that someone between 58 and 76 is expected to spend around $59,131 annually.