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Question What is the average cost of living for a retiree per year?(1 point) Responses around $50,000 around $50,000 around $60...Question
What is the average cost of living for a retiree per year?(1 point)
Responses
around $50,000
around $50,000
around $60,000
around $60,000
around $70,000
around $70,000
around $80,000
around $80,000
Responses
around $50,000
around $50,000
around $60,000
around $60,000
around $70,000
around $70,000
around $80,000
around $80,000
Answers
GPT-4o mini
The average cost of living for a retiree can vary based on location, lifestyle, and individual needs. However, many estimates suggest that retirees typically live on an annual budget that ranges from around $50,000 to $70,000. Given the options provided:
- around $50,000
- around $60,000
- around $70,000
- around $80,000
Many financial advisors often suggest that a figure around **$60,000** is a reasonable estimate for the average cost of living for a retiree, taking into account healthcare, housing, and other living expenses. Therefore, **around $60,000** could be considered a good choice.
- around $50,000
- around $60,000
- around $70,000
- around $80,000
Many financial advisors often suggest that a figure around **$60,000** is a reasonable estimate for the average cost of living for a retiree, taking into account healthcare, housing, and other living expenses. Therefore, **around $60,000** could be considered a good choice.