To create a frequency distribution using FREQUENCY: 1  Enter numbers that represent the bins you want to group values into. 2  Make a selection the same size as the range that contains bins, or one greater if want to include the extra item. 3  Enter the FREQUENCY function as an array formula using Control+Shift+Enter.
About 71% of us also report expenses for household operations, spending $1,581 on average (or $132 per month) for services that might include babysitting or eldercare, housecleaning or lawn mowing, laundry and dry cleaning, pest control, and home security systems.
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.