Leisure spending in retirement

• $600,000: Approximate amount retirees expect to spend on leisure activities during retirement.
• $578,000: Amount respondents in their 50s anticipate spending over the course of retirement on leisure activities, compared with $611,000 for 60-somethings and $652,000 for 70-somethings.
• 72%: Percentage of 50-59 year olds who say they’re concerned about the escalating costs of healthcare insurance they may face in retirement.
• 75%: Percentage of 80-89 year olds are currently addressing, or plan to address, financial obligations related to out-of-pocket drug prescription expenses.

Source: SunLife Financial