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Retirees' spending strain

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  • 44% — Percentage of retirees who are supporting at least one individual financially.
  • 53% — Percentage of retirees who are supporting children financially; 37 percent are supporting grandchildren.
  • 44% — Percentage of retirees who say an “unsteady economy” has made them more conservative in spending in the past six months.
  • 37% — Percentage of pre-retirees who think they’ll have to be more conservative in their spending habits once they retire.

Source: Charles Schwab Q3 Retirement Omnibus Survey


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