Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month
WiserAdvisor
JANUARY 16, 2024
Further, retirees, on average, allocate 25% of their monthly spending toward food expenses. To manage this portion of your budget effectively, plan your meals, explore cost-effective grocery options, and consider cooking at home. To secure a stable financial future, you must address outstanding debts before retiring.
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