Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month
WiserAdvisor
JANUARY 16, 2024
According to the Bureau of Labor Statistics (BLS), the average income for individuals aged 65 and older in 2021 stood at $55,335. Calculating potential housing costs accurately is fundamental for developing a realistic retirement budget. To secure a stable financial future, you must address outstanding debts before retiring.
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