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.
Average food expenditures for an American [edit]. 1  Bureau of Labor Statistics - $2577/person/year - [2]. 2  Almost half of this is eating out. 3  $150/week/2.6 household = $230 per month. Bureau of Labor Statistics - $2577/person/year - [2]. 2  Almost half of this is eating out. 3  $150/week/2.6 household = $230 per month. 4  $2700/year according to [3].