Adults who spent money from their savings due to inflation in the U.S. 2022, by age

Published by
Fernando de Querol Cumbrera,
Feb 20, 2024
As of May 2022, most adults in the U.S. have spent at least some of their savings due to inflation. In a recent survey, the majority of respondents who were at least 77 years old did not spend any of their savings because of the rising prices. Meanwhile, the majority of respondents in all other age groups spent at least some of their savings.

Share of adults who have spent money from their savings because of inflation in the United States as of May 2022, by age

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Release date

June 2022

Region

United States

Survey time period

May 25 to 27, 2022

Number of respondents

2,000 respondents

Age group

18 years and older

Method of interview

Online survey

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