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.
Entertainment spending varies according to income, age and location. The average American spent $2,504 on entertainment in 2010, the U.S. Bureau of Labor Statistics reported in August 2012.Entertainment spending dropped 7 percent from 2009 as consumers tightened their belts in an uncertain economy.ccording to the Consumer Expenditure Survey, entertainment spending also varied according to age. On the low end, people 25 and younger had entertainment budgets that averaged $1,221, and consumers 75 and older spent an average of $1,334. The biggest entertainment spenders were between 35 and 54, who averaged $3,050.