Retirement Myth #5: And They Lived Happily Ever After In Retirement
That's not reality. You need to plan for the soft side of retirement as well as the financial side.
Watch CBS News
That's not reality. You need to plan for the soft side of retirement as well as the financial side.
Anthony Silva signed off for the last time Thursday night on WBZ NewsRadio 1030.
The reality is that may not be possible for a variety of reasons.
WBZ NewsRadio 1030 afternoon anchor Anthony Silva is retiring Thursday. Carl Stevens wrote a poem to honor him.
Anthony Silva is retiring from WBZ NewsRadio 1030. Thanks for all these years of humor, intellect and class.
The reality is Social Security was designed to replace only about 40% of your current paycheck and less if you are a high wage earner.
The reality is there may not be much money left to inherit.
The reality is if you start later in your working career you will need to save more money than if you had started younger.
Most small businesses, especially ones run from home, have not given enough thought to planning for disasters.
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
Normally if you purchase capital equipment for your business you don't get to expense the total cost of the equipment the year you buy it.
There are many tax deductions for the self-employed. What have you been missing out on?
Small Businesses are defined as having less than 500 employees.
It is your money in that IRA, but you may have to pay a penalty to get at it.
A Roth IRA is my favorite way to save for retirement. You use after-tax dollars to make your contributions and when you withdraw the funds you will not owe income tax, including the money the Roth has earned.
A Spousal IRA is used for an unemployed or underemployed spouse.
A Rollover IRA allows you to receive distributions from qualified retirement plans and not pay tax on the distribution.
These plans were designed to help individuals not covered by retirement plans at work and to give those individuals changing jobs the ability to rollover retirement assets and retain the tax deferred status.
Did mom file her tax return this year? Ask her if she wants some help with her tax return.
Look for all of mom's insurance policies and review them. Be sure you have the current policy and that the premiums are paid.
According to the National Council on Aging, more than 13 million older adults are considered economically insecure, living on less than $22,000 a year.
Every mom I know has stuff she has been saving for years. If you can get her stuff organized, her life and probably yours will be so much easier.
Next Sunday is Mother's Day. I would like to spend this week talking about moms and the care we may have to someday provide for them.
Estate planning is a key element in any financial plan no matter what your age.
The average age for couples going through their first divorce is 30 years old with over 40% of first marriages ending in divorce.
Foxboro is refusing to front upwards of $8 million needed to buy equipment and pay police and fire over a span of 39 days.
Marat Khusnutdinov and Casey Mittelstadt scored less than a minute apart early in the first period and the Boston Bruins held on for a 2-1 victory over the Pittsburgh Penguins on Tuesday night.
The Boston City Council is looking at how to be better prepared for the next round of snow after two blockbuster storms this year.
The conflicts in Iran have only just begun, yet Massachusetts commuters are already seeing an impact at the pump.
With few commercial airlines traveling in the Middle East conflict area, some New Englanders have found themselves stranded.
The conflicts in Iran have only just begun, yet Massachusetts commuters are already seeing an impact at the pump.
Foxboro is refusing to front upwards of $8 million needed to buy equipment and pay police and fire over a span of 39 days.
With few commercial airlines traveling in the Middle East conflict area, some New Englanders have found themselves stranded.
Ara Nazarian with the Armenian National Committee of America said there are many Armenians in Iran.
The Boston City Council is looking at how to be better prepared for the next round of snow after two blockbuster storms this year.
Two Massachusetts residents have been diagnosed with measles, the Department of Public Health confirmed Friday.
There's a new drug that can help early morning shift workers stay awake and alert, a study out of Boston found.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
Flu cases are rising rapidly, especially among kids in Boston, where hospitalizations of children under five have increased 150% over the last two weeks.
Four children have died from the flu in Massachusetts so far this season, public health officials say.
A former staff member at a Massachusetts residential program for children living with autism is accused of breaking a teenage student's arm.
The ads for the Find Mass Money website in Massachusetts make it seem easy. But one couple struggled to get their $11,000.
Four Massachusetts State Police instructors have been charged following an investigation into the 2024 death of state police recruit Enrique Delgado-Garcia.
After I-Team reports about a Foxboro woman's frustration with her GE gas range, the company has agreed to give her a refund.
It took Aaron Braun years to get more than 93,000 Dunkin' rewards points, but after a policy change he's left with a fraction of that.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Maine Governor Janet Mills' run for Senate comes with an unusual promise - she will only serve one six-year term.
The restaurants at View Boston are closing this spring.
Uno Pizzeria and Not Your Average Joe's are closing more restaurants in Massachusetts.
Kowloon is expected to draw big crowds to Revere, Massachusetts when it opens a new tiki bar.
Two more movie theater chains are closing locations in Massachusetts. Experts say megaplexes need to make major changes.
The Neiman Marcus store at Copley Place in Boston is closing, Saks Global announced.
Just steps from the water's edge along Lake Winnipesaukee, a spectacular estate mixes modern architecture with breathtaking views.
An innovative craft winery located in downtown Meredith, New Hampshire, Hermit Woods is taking a different approach to winemaking.
Located on the water's edge along New Hampshire's Lake Winnipesaukee, Mill Falls blends elegant luxury with spectacular vistas.
Kohler Store by Supply New England and an interior designer showcases how beauty and functionality can breathe new life into a project.
James Beard-nominated pastry chef and co-founder of Bakey in Boston gives insight on how to make his world-famous babka.
Marat Khusnutdinov and Casey Mittelstadt scored less than a minute apart early in the first period and the Boston Bruins held on for a 2-1 victory over the Pittsburgh Penguins on Tuesday night.
Payton Pritchard scored 25 points and the Boston Celtics beat Milwaukee 108-81 on Monday night to spoil Bucks star Giannis Antetokounmpo's return from a right calf strain.
Luke Kornet has called on the Atlanta Hawks to cancel their upcoming collaboration with Magic City.
The World Baseball Classic is getting underway this week, and several Boston Red Sox players will be participating.
Neemias Queta scored a career-high 27 points and added 17 rebounds to help the Boston Celtics recover from a slow start and rally past the Philadelphia 76ers 114-98.
The MSPCA-Angell is looking to find homes for 163 rats that were surrendered in Massachusetts.
Cape Cod beaches are covered with chunks of ice amid an abnormally cold winter in Massachusetts.
Snowmobilers came to the rescue of a moose that was buried up to its neck in snow off a New England trail on Tuesday.
Raising Cane's claims a Boston landlord has threatened to evict one of its locations in the Back Bay because the restaurant "smells like chicken fingers."
A tegu lizard was found buried beneath the snow in Providence, Rhode Island.