The bar charts illustrates the information about the earning to spending by the Americans age range in 2013.
Overall, it is clear that both spendind income followed a similar trand. Notably, most age groups earned more than they spent, with the exception of the youngest and oldest demographics.
In terms of the highest earners, Americans aged 35 to 44 and 45 to 54 recorded the highest income, both reaching approximately $80,000. Their spending was also the highest among all groups, at roughly $60,000 per year. As individuals moved into the 55-64 category, income began to dip slightly to around $75,000, with expenditures following a downward trend to about $55,000.
Conversely, the lowest levels of financial activity were seen at the ends of the age spectrum. Those under 25 earned just under $30,000 but spent slightly more than they earned. Similarly, for those aged 75 and over, income and spending were almost equal at approximately $35,000. The 25-34 and 65-74 age groups showed moderate figures, with the younger group earning significantly more (about $60,000) than the retirees (roughly $53,000).