There’s no specific data source that lists exactly how much upper-class retirees spend monthly at age 70. However, using data from the consumer expenditures reports issued annually by the U.S. Bureau of Labor Statistics (BLS), fairly accurate estimates can be made.
Here’s a look at how much this demographic tends to spend in retirement, using data from the BLS, Fidelity, the Federal Reserve Bank of St. Louis and Corebridge Financial.
