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Primary reasons people over 55 are planning to reduce their spending in the United States in 2025

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Source

Release date

January 2025

Region

United States

Survey time period

November 20 to 26, 2024

Number of respondents

1,358*

Supplementary notes

* Reasons among those planning to decrease spending, excluding 'Other'.

Citation formats

Reasons people over 55 are planning to spend less in the U.S. in 2025

Published by
F. Watty,
Feb 10, 2025

In 2025, around ** percent of American's over the age of 55 were planning to spend less in order to reduce unnecessary expenses. Around of ** percent of people were reducing their spending due to the outcome of the 2024 election in the U.S..

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Statistics on " Consumer behavior in the United States "

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Other statistics that may interest you Consumer behavior in the United States

Overview

7

Shopping behavior

7

Spending behavior

6

Online shopping

5

Grocery shopping

7

Shopping during events

8

Attitudes towards sustainability

8

Impact of tariffs

6

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