This question is about average retirement age.

How much does the average retired person spend per month?

By Zippia Team - Jun. 29, 2022

The average retired person spends $4,074 a month. This is based on the average annual expenditure of persons aged 65-74 in the United States of $48,885.

However, the average annual expenditure is higher for persons aged 55-64 and lower for persons aged 75 and older, so monthly spending can change dramatically throughout the course of retirement.

average monthly expenditure in retirement

How much does the average retired person spend per month?

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