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Here’s How Much the Average Middle-Class Retiree Spends Monthly at Age 67

While waiting until at least age 67 can result in more monthly income, the reality is that the average middle-class retiree ...

Retirees Face a Surprising Gap: How Much They Need vs. What They've Saved for Monthly Expenses

The average retired household spends around $5,000 per month, with housing, healthcare, and food being the largest expense categories. With a median 401 (k) balance of $210,724, retirees relying on ...
Investopedia

Unexpected Budget Gaps Challenge Retirees—How Do Your Monthly Expenses Compare?

David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. MoMo Productions / Getty Images The average retired ...