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Here’s a look at average retirement incomes and how much people spend during their golden years. According to data from the Bureau of Labor Statistics, U.S. households led by someone age 65 or older spent an average of $57,818 in 2022. Key Takeaways: * Sources of retirement income include Social Security, retirement accounts, pensions, dividends and employment wages. * Retirees can expect to spend 70% to 80% of their pre-retirement income in retirement, according to one rule of thumb. * Older Americans spent an average of $57,818 in 2022, but about 40% of households led by someone age 65 or...

<p>As the debate around tax reform grows more heated, broker-dealers and other companies that service retirement plans offered by employers are increasingly concerned that the tax benefits of 401(k) plans are on the chopping block.</p> <p>An industry group that normally works behind the scenes, the American Society of Pension Professionals and Actuaries, on Monday launched a media campaign intended to educate U.S. employers and workers that the federal government might consider changing the tax benefits of retirement savings accounts.</p>

A civil servant who leaked a secret memo about George W. Bush wanted it to be seen by US presidential candidate John Kerry, the Old Bailey heard. David Keogh, 50, from Northampton, is said to have passed a highly sensitive document detailing talks between Mr. Bush and Tony Blair to Leo O'Connor. Mr. Keogh told jurors the contents of the memo had preyed on his mind. Mr. Keogh and Mr. O'Connor, 44, also of Northampton, deny three charges under the Official Secrets Act. Mr. Keogh had been asked to copy out the memo for distribution to high-ranking UK officials. The...

A civil servant and an MP's researcher have been found guilty of leaking a secret memo about talks between George Bush and Tony Blair. David Keogh, 50, from Northampton, has been found guilty of two offences under the Official Secrets Act. MP's researcher Leo O'Connor was found guilty of one Official Secrets offence. It recorded Oval Office talks between Mr. Bush and Mr. Blair about Iraq in 2004, the Old Bailey was told. Sentencing was adjourned for reports........

“From the eyes of coal that blazed with flames, his teeth glistening as a fighting grizzly.” That was a Native American description of Irish Captain Myles W. Keogh from the Command of Company “I” in Custer’s Seventh U.S. Calvary. He rode a rejuvenated horse named Commanche, whom was the only known survivor in the Battle of Little Bighorn, better known as Custer’s Last Stand. The gelding horse has had a history of injuries and always overcame the adversity: he was found in a thicket with seven arrows in his body. -------------------------------------------------------------------------------- Keogh was born 1840 in a stone house his...