In other countries, it is not illegal for minors to drink alcohol, but the alcohol can be seized without compensation. In some cases, it is illegal to sell or give alcohol to minors. The following list indicates the age of the person for whom it is legal to consume and purchase alcohol.
In all, this means the average American retiree (or those 65 and older) is spending about $3,700 per month -- or about $44,600 per year. Using the 4% rule, that would mean a nest egg of over $1 million would be needed to finance the average lifestyle.
This will strongly drive the growth of their visitor arrivals and cross-border spending in the coming years.. Only two U.S. cities made the Index's top 20: New York City, which came in at No. 5, and Los Angeles, coming at No. 20. When it came to visitor spending, however, New York did take the top spot, with an estimated $18.6 billion in international overnight visitor spending.