Retirement Spending: How Much Do Americans Plan to Spend Annually?
Article Excerpt: "...the general population? According to the Bureau of Labor Statistics, Americans age 65 and older spend about $48,000 per year on average. Chances of Retirement Success Once you’ve determined how much you’ll spend in retirement, your next step may be to wonder if your savings are on track. Based on an assessment of Personal Capital retirement planner users, here is the breakdown of people’s chance of success...."
Resource: www.visualcapitalist.com