The U.S. Bureau of Labor Statistics (BLS) regularly publishes data on the income and expenses of Americans by age group. For retirees, data is divided into two categories: ages 65 to 74, and ages 75+.

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

Earning more than $110,000 in household income doesn't make you rich — but in most states, it means you're upper-middle class. Nationwide, upper-middle class households earn a median income between ...

The average monthly Social Security retirement benefits for a 62 year old equals $1,341.61 versus $2,148.12 for 70 year olds, according to Social Security Administration (SSA) data. However, there’s ...

Social Security is a vital source of income for many retired Americans. More than 57 million Americans over age 65 received benefits as of May 2025, according to the Social Security Administration ...

For upper-class retirees, a similar dynamic can still take place, but they still often spend more than the average person.

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 ...