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.
A driver is facing charges including felony motor vehicle homicide after investigators say he was speeding and impaired when he slammed into a car at a red light.
The Boston Red Sox got to twice celebrate their 3-2 win over the San Francisco Giants on Saturday night after replay confirmed the game-winning play.
Patriots' backup quarterback Tommy DeVito tossed a 69-yard touchdown pass to Kyle Williams and New England beat Philadelphia 24-21 in a preseason game.
More than 4,000 backpacks filled with school supplies were donated to Boston kids by the Corey C. Griffin Foundation.
A blue marlin weighing 1,260 pounds was caught by a charter fishing boat off Massachusetts.
A driver is facing charges including felony motor vehicle homicide after investigators say he was speeding and impaired when he slammed into a car at a red light.
Boston Symphony Orchestra musicians voted to authorize a strike as the decision to remove Andris Nelsons continues to cause controversy.
The Boston Red Sox got to twice celebrate their 3-2 win over the San Francisco Giants on Saturday night after replay confirmed the game-winning play.
Federal agents boarded two cruise ships in Boston and arrested 11 workers in "Operation Tidal Wave."
Amy Colozzo, a licensed clinical social worker and is the co-chair of the Massachusetts chapter of Postpartum Support International, talks about local resources available for mothers.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Sydney Towle, known for her social media content about living with a rare form of cancer called cholangiocarcinoma, died Wednesday in Bethesda, Maryland.
Massachusetts has seen more than 100 cyclospora cases this summer, with some linked to lettuce.
Several people in New Hampshire have cyclospora infections linked to Taylor Farms lettuce.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A man accused of heading up a violent gang is facing witness intimidation charges after he allegedly threatened a Massachusetts State Police trooper.
A young Roxbury mom says her car was supposed to be in an auto repair shop; instead, it was out on the road and it came back with more issues.
The device was found in the shower area of a women's locker room at Mass General Brigham's off-campus research lab facility.
Apartment rental scams are rising in the Boston area, according to the FBI. They said there have been nearly 500 victims.
An I-Team investigation into a brazen case of alleged land theft in Concord, Massachusetts has led to criminal charges nearly two years later.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
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."
The immersive WNDR Museum in Boston's Downtown Crossing is set to close down just two years after it opened.
Panera Bread is moving its headquarters from St. Louis to Weston, Massachusetts.
Breaking Grounds Cafe, a Peabody, Massachusetts coffee shop known for employing people with disabilities, is closing.
The buildings that house the Somerville Theatre and the Capitol Theatre in Arlington, Massachusetts are for sale.
Golden Temple and Party Favors in Brookline are closing after a combined 100 years in business.
Beauport, the Sleeper-McCann House has become one of New England's most imaginative seaside estates.
Blending clean modern lines with the warmth of a classic seaside retreat, this stunning North Shore coastal home was designed to feel both elevated and inviting.
Set across thirty acres of rolling lawns, wooded trails, and contemporary outdoor art, deCordova Sculpture Park and Museum invites visitors to experience art in the landscape.
James Beard Award-winning chef and restaurateur Karen Akunowicz has become known for her bold, Italian-inspired cooking and unmistakable culinary voice.
Just a short drive from Newport, the Norman Bird Sanctuary spans 300 acres of fields, forests, and coastal trails with sweeping views and more than six miles of hiking paths.
The Boston Red Sox got to twice celebrate their 3-2 win over the San Francisco Giants on Saturday night after replay confirmed the game-winning play.
Patriots' backup quarterback Tommy DeVito tossed a 69-yard touchdown pass to Kyle Williams and New England beat Philadelphia 24-21 in a preseason game.
The Red Sox held off the Giants 6-4 on Friday night in the return of Rafael Devers to Fenway Park.
The Arizona Diamondbacks avoided a series sweep by beating the Boston Red Sox 7-6 on Wednesday.
New England Patriots wide receiver A.J. Brown got a chance to face his former team on Wednesday as the Philadelphia Eagles were in town for the first of two joint practices.
A blue marlin weighing 1,260 pounds was caught by a charter fishing boat off Massachusetts.
Natick says it is installing a new floating boardwalk across Pickerel Pond.
Rising ocean temperatures are drawing more hammerhead sharks to New England waters, researchers say.
Some of the oldest military veterans in Massachusetts were honored with special flights on Friday in a World War II-era aircraft.
After marrying Taylor Swift and Travis Kelce, Adam Sandler went to Nantucket in search of a basketball court.