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Chart of the Day: Retiree Spending

John Keefer, Trust Investment Associate Apr 30, 2026

Contents

Today’s Chart of the Day from The Motley Fool breaks down key data on retirement spending.

The U.S. Census Bureau reported a median annual income of roughly $48,000 per retired individual, including social security.

Major expenses, like housing, can vary significantly depending on whether retirees rent, carry a mortgage, or own their homes outright.

The chart notes that only 5.4% of spending is allocated to entertainment, a figure that may seem surprisingly low given the amount of effort it takes to reach a stage of life with increased leisure time.

As a result, carefully evaluating factors such as living arrangements, expected income, and recurring expenses is essential to building a financial plan that supports the comfortable and rewarding retirement you’ve earned.
Chart of the Day

About the Author

John Keefer, Trust Investment Associate
John Keefer, Trust Investment Associate

John joined Crews Bank & Trust as a Trust Investment Associate in September 2025. He holds a Bachelor of Science in Business Administration with a focus in Finance and Banking from the University of Missouri, along with an Investment Certificate. In his role, he supports portfolio maintenance and analysis while helping clients work toward their financial goals.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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