![\"An](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/senior-couple-hold-hands-walking-city_iStock-1322993716.jpg\")
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Commitment to Our Readers<\/p>\n
GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines<\/a> and our products and services review methodology<\/a>.<\/p>\n 20 Years Trusted by Retirement spending statistics are often valuable to consider, whether one is comparing and contrasting said figures with their budgetary situation as retirees<\/a> or plotting a comfortable path to enjoy one\u2019s golden years.<\/p>\n ChatGPT is growing in popularity as an artificial intelligence (AI) research tool as well as a personal finance tipster, so it may be valuable to consult its take on exactly how much a middle-class retiree might be expected to spend when they reach age 75.<\/a> Here\u2019s what it said \u2014 though, as always, it\u2019s best to take generative AI data with a pinch of salt.<\/p>\n<\/p>\n Using Fed and BLS Data as a Baseline<\/p>\n ChatGPT gestured toward data from the Federal Reserve of St. Louis (FRED)<\/a> and the Bureau of Labor Statistics (BLS)<\/a> as its primary sources.<\/p>\n However, on first glance, while the module did cite BLS table 1300 as an accurate source, it did not correctly identify $53,481 as the mean annual expenditure for Americans aged 75 and older (instead providing a much lower figure of $36,673) in 2022 survey data terms.<\/p>\n Once course-corrected, however, ChatGPT provided the following breakdown of expenditures, inflation-adjusted for 2025.<\/p>\n Housing: $29,145 That amounts to a projected total of $64,184 in annual expenses for middle-class retirees <\/a>in this age group in 2025. What the future holds is uncertain, and these figures may be less than concrete, but they do provide a general guideline as to what one can expect reality to look like.<\/p>\n Key Expense Insights for Retirees Age 75 and Older<\/p>\n A few notable pieces of insight that the LLM issued as part of a category breakdown included the fact that housing was, by far, the largest expense \u2014 \u201ceven in mortgage-free households\u201d \u2014 due to property taxes<\/a>, maintenance, utilities and insurance.<\/p>\n![\"\"](\"https:\/\/cdn.gobankingrates.com\/wp-content\/uploads\/2023\/11\/icon-20.svg?webp=1&quality=75\"){kind=icon}
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Millions of Readers<\/p>\n
\nFood: $7,249
\nHealthcare: $9,694
\nTransportation: $5,390
\nEntertainment: $2,696
\nCash contributions (donations, gifts, alimony or child support): $3,851
\nApparel and services: $1,219
\nPersonal insurance: $963
\nMiscellaneous: $3,977<\/p>\n