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2022 Spending in Retirement Survey: Understanding the Pandemic's Impact
Employee Benefit Research Institute [EBRI] Link to more items from this source
Oct. 7, 2022

"Overall, more than half retired earlier than expected.... Similar to 2020, 7 in 10 said Social Security is a major source of their income.... Approximately half of retirees said they spend less than $2,000 each month, while 1 in 3 spend between $2,000 and $3,999 each month.... On average, retirees reported that nearly a third of their monthly income goes towards housing expenses. The second largest reported expenditure was food."

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