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Housing Biggest Expense For 50-Plus Set


Posted: 02/22/2012 8:14 am

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Investment News:

The majority of spending for Americans over 50 goes to mortgages, property taxes and other home-related expenses, according to data released last week by the Employee Benefit Research Institute.

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Filed by Kristen Stenerson  |  Report Corrections

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BlueOnBlue
275 Republicans Voted to Kill Medicare
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11:25 AM on 02/22/2012
The article fails to account for total health care spending, as it only counts out of pocket expenses. That people do not realize how much their health insurance actually costs is a big part of our problem.

For most people, it has replaced the cost of food as the second biggest expenditure.
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