U.S. household expenditure on personal insurance and pensions 2007-2021
forecast to rise until at least 2050, which will increase the proportion of the population reliant on private retirement savings, and Social Security benefits.
In 2021, the average expenditure on personal insurance and pensions in the United States amounted to 7,873.19 U.S. dollars per consumer unit. The share of Americans over 64 years is