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 spends as much as Â£3,329 on essential bills every year, including gas, electricity, water, phone, TV and council tax. But when asked to estimate how much they spend, the average household said their spend was just Â£2,559 - Â£770 less than the actual average spend.