6 Ways Spending Changes in Retirement

Title6 Ways Spending Changes in Retirement
Publication TypeNewspaper Article
Year of Publication2012
AuthorsBrandon, E
NewspaperU.S. News & World Report
Issue DateMar 2012
CityWashington, D.C.
ISBN Number0041-5537
KeywordsNet Worth and Assets, Retirement Planning and Satisfaction
Abstract

Most people spend less money in retirement than they did while they were working. Retired households spend a median of $31,365 annually, which is about 80% of the $39,945 working households spend, according to a recent Employee Benefit Research Institute analysis of Health and Retirement Study data. Six major ways costs change in retirement are presented.

URLhttps://money.usnews.com/money/retirement/articles/2012/03/12/6-ways-spending-changes-in-retirement
Endnote Keywords

Money/Household wealth/Retirement planning

Endnote ID

69630

Citation Key8466