How Much Do People in Their 60s Spend in Retirement in 2025?

kate_sept2004 / Getty Images Fidelity estimates that a 65-year-old retiring in 2025 will need $172,500 for healthcare alone throughout retirement—and that doesn't include long-term care. Key Takeaways The average retiree household spends about $60,000 annually, with housing (36%), transportation (15%), healthcare (13%) and food (13%) taking the largest shares of the budget. Inflation-adjusted spending typically declines by about 26% between the ages of 65 and 84, but long-term care costs remain a major ...