Title: The Average Retiree Spends $4,345 on Monthly Expenses
Article Snip: "...Health spending makes up $7,030 in annual spending for retirees. One way to cut costswhen health issues arise is to get easily affordable preventative care. That means staying up to date on screenings and vaccinations. Exercise also appears in study after study as a top measure to lower the risk of many diseases. Even an...average American 65 years of age and up earns an annual pre-tax income of $55,335, and that same group spends $52,141 yearly, or $4,345 a month, according to the Bureau of Labor Statistics (BLS)."
Reference: moneywise.com