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.
The average household consists of 2.5 people, who spend $6,602 on food per year. Letâs assume that a person eats three meals a day, 365 days a year. That adds up to 2,737.5 meals a year for that average family. In other words, the average American spends $2.41 per average meal.Now, letâs say that average American family can shave just $0.10 off of their average meal. Look at the Average American Budget â and How the Average American Can Start Saving More. By Trent Hamm Posted on April 15, 2015. Recently, I saw this infographic about the average American budget in 2013 and it left me thinking about the stories people tell about their money.