Text Descriptions for Expenditures of the Aged Chartbook

Percentage of consumer units, by size and age
Size of consumer unit	55–64	65–74	75 or older	65 or older
1 person	28.3	37.4	56.4	46.7
2 persons	48.1	47.9	37.2	42.7
3 or more persons	23.7	14.6	6.4	10.6
NOTE: Percentages may not add to 100 because of rounding.

Text description for the chart "Distribution, by total expenditures"

Distribution of consumer units aged 65 or older, by total expenditures
Total expenditures (dollars)	Percent
Less than 10,000	15.9
10,000–14,999	19.2
15,000–19,999	16.6
20,000–24,999	12.5
25,000–29,999	9.4
30,000–34,999	6.9
35,000–49,999	9.7
50,000 or more	9.9
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey; means are computed using the interview and diary portions.

Text description for the chart "Distribution, by per capita expenditures"

Distribution of consumer units aged 65 or older, by per capita expenditures
Per capita expenditures (dollars)	Percent
Less than 10,000	35.3
10,000–14,999	25.9
15,000–19,999	14.7
20,000–24,999	8.4
25,000–29,999	5.3
30,000–34,999	3.3
35,000–49,999	4.1
50,000 or more	3.0
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey; means are computed using the interview and diary portions.

Text Description for the chart "Distribution of expenditures, by earned income status"

Percentage distribution of expenditures of consumer units aged 65 or older, by earned income status
Total expenditures (dollars)	With earned income	With no earned income
Less than 10,000	4.3	20.4
10,000–14,999	10.3	21.7
15,000–19,999	12.3	17.9
20,000–24,999	13.8	12.1
25,000–29,999	12.8	8.6
30,000–34,999	11.4	5.6
35,000–49,999	16.2	7.1
50,000 or more	18.9	6.5
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to components of total expenditures"

Mean percentage allocated to components of total expenditures of consumer units aged 65 or older
Component	Mean percentage
Housing	32.6
Food	14.0
Out-of-pocket health care	12.9
Transportation	15.8
Apparel	3.5
Entertainment	4.0
Other	17.2
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to components of total expenditures, by earned income status"

Mean percentage allocated to components of total expenditures of consumer units aged 65 or older, by earned income status
Component	With earned income	With no earned income
Housing	28.5	34.0
Food	13.6	15.1
Out-of-pocket health care	10.2	14.5
Transportation	16.9	14.5
Apparel	4.5	3.1
Entertainment	4.1	3.8
Other	22.3	15.1
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to components of total expenditures, by income quartile"

Mean percentage allocated to components of total expenditures of consumer units aged 65 or older, by income quartile
Component	With earned income	With no earned income
Housing	38.0	28.4
Food	16.9	13.2
Out-of-pocket health care	13.9	10.4
Transportation	13.4	17.4
Apparel	2.4	3.0
Entertainment	3.2	4.3
Other	12.1	23.3
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to components of total expenditures, by age"

Mean percentage allocated to components of total expenditures of consumer units, by age
Component	55–64	65–74	75 or older	65 or older
Housing	31.2	31.2	34.7	32.6
Food	12.6	14.0	14.0	14.0
Out-of-pocket health care	6.8	11.2	15.1	12.9
Transportation	18.9	17.6	13.3	15.8
Apparel	4.1	3.9	2.9	3.5
Entertainment	5.2	4.3	3.8	4.0
Other	21.2	17.8	16.3	17.2
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Distribution of consumer units, by housing tenure and age"

Percentage distribution of consumer units, by housing tenure and age
Housing tenure	55–64	65–74	75 or older	65 or older
Owner with mortgage	42.9	26.1	9.4	17.9
Owner without mortgage	38.0	57.6	67.1	62.3
Renter	19.2	16.2	23.5	19.8
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to housing expenditures, by housing tenure and age"

Mean percentage allocated to housing expenditures, by housing tenure and age
Housing tenure	55–64	65–74	75 or older	65 or older
Owner with mortgage	33.4	34.6	35.6	34.8
Owner without mortgage	25.3	27.5	31.2	29.3
Renter	37.0	37.2	45.3	41.6
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Share of CUs spending 95 percent or more of their food expenditures on food prepared and eaten at home, by age"

Share of consumer units spending 95 percent or more of their food expenditures on food prepared and eaten at home, by age
Age group	Percent
55–64	22.1
65–74	30.1
75 or older	40.1
65 or older	35.0
SOURCE: Interview portion of the 2002 Consumer Expenditure Survey.

Text Description for the chart "Mean percentage allocated to components of out-of-pocket health care expenditures, by age

Mean percentage allocated to components of out-of-pocket health care expenditures, by age
Component	55–64	65–74	75 or older	65 or older
Health insurance ^a	45.1	53.3	51.8	52.6
Medical services ^b	28.7	17.9	14.5	16.2
Drugs	21.9	24.6	28.8	26.2
Medical supplies ^c	4.3	4.2	5.0	4.6
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.
a. Includes fee-for-service health plans, preferred provider health plans, health maintenance organizations (HMOs), commercial Medicare supplements, Medicare payments, and other health insurance.
b. Includes hospital room and services, professional and physicians' services, eye and dental care, lab tests and X-rays, medical care in a retirement community and convalescent or nursing home, and other medical care service.
c. Includes antiseptics, dressings and bandages, first aid kits, contraceptives, syringes, ice bags, thermometers, vaporizers, heating pads, medical appliances (such as braces, crutches, walkers, eyeglasses, and hearing aids), and rental and repair of medical equipment.

Text Description for the chart "Mean percentage allocated to components of transportation expenditures, by age"

Mean percentage allocated to components of out-of-pocket health care expenditures, by age
Component	55–64	65–74	75 or older	65 or older
Purchase of new and used cars and trucks	46.2	42.6	37.7	40.9
Other vehicle expenses ^a	47.7	50.9	55.5	52.5
Public transportation ^b	6.1	6.5	6.7	6.6
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.
a. Includes expenditures for insurance, gas and motor oil, finance charges, maintenance and repairs, licenses, rentals, and other charges.
b. Includes expenditures for fares for travel by airplane, bus, train, and taxi.

Text Description for the chart "Mean percentage allocated to components of other expenditures, by age"

Mean percentage allocated to components of other expenditures, by age
Component	55–64	65–74	75 or older	65 or older
Alcohol	4.5	5.7	3.7	4.9
Personal care	5.9	8.7	10.0	9.2
Reading	1.9	2.8	3.5	3.1
Education	6.3	5.1	2.9	4.2
Tobacco	3.9	3.9	2.1	3.2
Miscellaneous items	10.0	13.9	14.9	14.3
Cash contributions ^a	16.3	28.3	45.2	34.9
Personal insurance	6.4	9.1	7.5	8.5
Pension contributions	16.1	6.7	2.8	5.2
Social Security payroll taxes	28.7	15.9	7.4	12.5
SOURCE: Interview and diary portions of the 2002 Consumer Expenditure Survey.
a. Cash contributed to persons or organizations outside the consumer unit, including alimony and child support payments; care of students away from home; and contributions to religious, educational, charitable, or political organizations.

Expenditures of the Aged Chartbook