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. Author manuscript; available in PMC: 2018 Nov 8.
Published in final edited form as: Fisc Stud. 2016 Nov 21;37(3-4):785–819. doi: 10.1111/j.1475-5890.2016.12126

TABLE 17.

Mean total spending by income and wealth quintiles and age

55–64 65–74 75–84 85+ Total
Income Q1 2,892 3,406 4,315 7,444 3,974
Income Q2 3,826 4,561 6,141 9,900 5,503
Income Q3 4,634 4,917 6,747 10,790 5,700
Income Q4 4,562 4,794 6,457 11,494 5,234
Income Q5 5,325 6,262 8,659 13,761 6,031
Wealth Q1 3,255 3,318 4,715 8,679 4,089
Wealth Q2 3,746 3,927 5,070 8,527 4,404
Wealth Q3 4,209 4,722 5,735 9,671 5,125
Wealth Q4 4,791 4,956 6,319 10,242 5,601
Wealth Q5 6,539 6,361 8,139 12,104 7,225