What is the average cost of living for a retiree per year? (1 point)

A. around $50,000

B.around $60,000

C.around $70,000

D. around $80,000

1 answer

The average cost of living for a retiree per year can vary significantly depending on various factors such as location, lifestyle, healthcare needs, and personal preferences. Therefore, it is difficult to determine an exact average. However, option C. around $70,000 is a commonly cited estimation for the average cost of living for a retired individual in the United States.
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