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.
Anthony Silva
WBZ's Anthony Silva Signs Off For The Final Time
Anthony Silva signed off for the last time Thursday night on WBZ NewsRadio 1030.
Retirement Myth #4: I Plan To Work Forever
The reality is that may not be possible for a variety of reasons.
Carl Stevens' Journal: A Poem For Anthony Silva's Retirement
WBZ NewsRadio 1030 afternoon anchor Anthony Silva is retiring Thursday. Carl Stevens wrote a poem to honor him.
Keller @ Large: Thanks Anthony Silva!
Anthony Silva is retiring from WBZ NewsRadio 1030. Thanks for all these years of humor, intellect and class.
Retirement Myth #3: Social Security Will Be Enough
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.
Retirement Myth #2: Mom And Dad Are Going To Leave Their Money To Me
The reality is there may not be much money left to inherit.
Retirement Myth #1: I Can Wait Until I'm Earning More To Save For Retirement
The reality is if you start later in your working career you will need to save more money than if you had started younger.
Disaster Planning For Small Businesses
Most small businesses, especially ones run from home, have not given enough thought to planning for disasters.
Small Business Retirement Plans
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
Section 179 Deductions For Small Businesses
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.
Tax Deductions For Small Business
There are many tax deductions for the self-employed. What have you been missing out on?
Getting Started With A Small Business
Small Businesses are defined as having less than 500 employees.
Getting Your Money Out Of Those IRAs
It is your money in that IRA, but you may have to pay a penalty to get at it.
The Roth IRA
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.
The Spousal IRA
A Spousal IRA is used for an unemployed or underemployed spouse.
The Rollover IRA
A Rollover IRA allows you to receive distributions from qualified retirement plans and not pay tax on the distribution.
The Traditional IRA
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.
Mom & Taxes
Did mom file her tax return this year? Ask her if she wants some help with her tax return.
Is Mom Adequately Insured?
Look for all of mom's insurance policies and review them. Be sure you have the current policy and that the premiums are paid.
Is There Enough Money For Mom's Lifestyle?
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.
What's Mom Done With Her Stuff?
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.
Taking Care Of Mom
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 For All
Estate planning is a key element in any financial plan no matter what your age.
The Starter Marriage
The average age for couples going through their first divorce is 30 years old with over 40% of first marriages ending in divorce.
Latest News From CBS Boston
Massachusetts gets 2,000 monkeypox vaccine doses
The state was one of 10 jurisdictions in the country eligible for an initial allocation of the vaccine.
Logan Airport getting $62 million from FAA for improvements
The FAA said the money will be used to fix roads at the airport and upgrade the international terminal.
Concord Police Department staffs all-female shift for first time
A group of Concord Police Department officers made history overnight.
Holocaust survivor closing Norwood shop after 49 years
After 49 years, the Greenfield family will soon close Brenner's Children's Shop for good.
Weymouth's Odd Pet Vet all about animals and people
"Vet is about the veterinarian. Pet is about the pet. Odd is about the people who own these crazy animals," says Dr. Mertz.
Flyers from "pro-white" group show up in Ipswich, Hamilton
The Nationalist Social Club left flyers in plastic bags at random houses throughout both communities.
Commuters likely to see MBTA service disruptions around North Station
The work spans only 1 mile, and the MBTA says upgrades on equipment riders don't see every day will make the system safer.
Man wanted in series of home break-ins in Framingham
Police say a suspect hit several homes over the holiday weekend, mostly in the northern section of Framingham.
Fall River man robbed, shot to death while visiting Mexico
Luis Miguel was visiting Culiacan last week when his mother said he was assaulted, robbed, and shot to death.
Latest News From CBS Boston
More Latest News From CBS Boston
Massachusetts gets 2,000 monkeypox vaccine doses
The state was one of 10 jurisdictions in the country eligible for an initial allocation of the vaccine.
Logan Airport getting $62 million from FAA for improvements
The FAA said the money will be used to fix roads at the airport and upgrade the international terminal.
Concord Police Department staffs all-female shift for first time
A group of Concord Police Department officers made history overnight.
Holocaust survivor closing Norwood shop after 49 years
After 49 years, the Greenfield family will soon close Brenner's Children's Shop for good.
Weymouth's Odd Pet Vet all about animals and people
"Vet is about the veterinarian. Pet is about the pet. Odd is about the people who own these crazy animals," says Dr. Mertz.
Health
More Health
Massachusetts gets 2,000 monkeypox vaccine doses
The state was one of 10 jurisdictions in the country eligible for an initial allocation of the vaccine.
Massachusetts reports 1,678 new COVID cases, 8 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 6.22%.
CDC: New listeria outbreak tied to 23 illnesses, 1 death
Two people from Massachusetts have gotten sick.
Massachusetts reports 1,915 new COVID cases, 8 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 5.85%.
Massachusetts reports 1,529 new COVID cases, 17 additional deaths
The seven-day weighted average of positive tests in Massachusetts is now 5.74%.
I-Team
More I-Team
I-Team: Patriot Front has long history in Massachusetts
In 2019, three group members were arrested on assault charges after distributing racist flyers in East Boston.
Rise of the Moors standoff: Where the cases stand now
It has been just about a year since an armed militia group called the Rise of the Moors held an hours long standoff with police on Route 95 in Wakefield.
I-Team: Cleanup finished at Chelsea hazardous debris pile
The city had no idea it was there until WBZ-TV told them.
I-Team: The problem behind Boston's unsolved murders
Unsolved murders are a growing concern nationwide.
I-Team: What happened to Debbie Melo?
Debbie Melo has now been missing for 22 years. Detectives say her husband has never been ruled out as a suspect.
Keller @ Large
More Keller @ Large
Keller: How Supreme Court decisions could impact Massachusetts
The United States Supreme Court released decisions in recent weeks that have made national headlines. So what impact do rulings on topics such as guns and abortion have in Massachusetts?
Keller @ Large: NATO expansion may add strain to relations with Russia
The North Atlantic Treaty Organization is officially expanding, as Finland and Sweden are about to become full members.
Keller: State treasurer says Massachusetts should consider suspending gas tax
There is a difference of opinion on the possibility of suspending the gas tax, but treasurer Deb Goldberg said the state has the money to do it.
Keller: Supreme Court decision a reminder that not voting has consequences
Jon says the long-term impact of the court's ruling will be to remind apathetic voters that inaction has consequences.
Keller: Ads claim Congress will "break" Amazon Prime 2-day delivery
Have you seen those TV ads warning that Congress is poised to "break" the popular Amazon Prime two-day delivery service?
Business News
More Business News
Kohl's sale falls apart in shaky retail environment
Kohl's said Friday that it now expects sales to be down.
Bed Bath & Beyond accused of turning off AC in stores
A new report from Bank of America claims the company has cut air conditioning in an effort to lower expenses.
New Hampshire distillery turning invasive green crabs into whiskey
A New Hampshire distillery has come up with its newest concoction called "Crab Trapper" — whiskey flavored with invasive green crabs.
Gourmet Dumpling House set to close in Chinatown
Gourmet Dumpling House in Chinatown is about to close after 15 years.
Massachusetts-based Marathon Sports is being sold
Stores will continue to use the "Marathon Sports" branding.
New England Living
More New England Living
Health food for pets at Loyal Biscuit of Maine
Loyal Biscuit is known throughout Maine as the go-to health food store for pets.
Visiting the Owls Head Transportation Museum
Owls Head Transportation Museum is one of Midcoast Maine's top tourist spots.
Sailing the coast with Maine Windjammer
Cruising on this fleet of sailboats promises spectacular scenery, great food, and pure adventure.
Luxury boutique hotels in Midcoast Maine
The Bay View Collection offers a fully integrated Midcoast Maine vacation.
Custom knives crafted in Cambridge
MKS custom knives are used by professional chefs and cooking enthusiasts all over the world.
Sports
More Sports
Potentially ominous sign for Patriots defense found in ESPN poll
Clearly, the Patriots need their defense to be a bit better going forward. But based on some polling conducted by ESPN, folks around the league do not expect that improvement to come.
Bello's debut spoiled as Rays beat Red Sox 7-1
The 23-year-old Brayan Bello worked four up-and-down innings, allowing four runs.
Chris Sale tosses 3.2 innings in rehab start with WooSox
Chris Sale flashed both his brilliant strikeout ability and some rust in what may be his final rehab start.
Bruins announce full schedule for upcoming 2022-23 season
It may be the middle of the summer, but hockey season is already on the horizon.
Baker Mayfield trade hurts Cam Newton's chances of returning to Panthers
With Cam Newton now lacking an NFL home for the third time in three years, it doesn't appear as though the Panthers will be the one to hire him this time around.
Offbeat
More Offbeat
Tiny jellyfish with painful sting found off Rhode Island
Environmental officials in Rhode Island are warning residents about tiny jellyfish that pack a powerful sting.
NH bears "extraordinarily active"; campground still closed
A New Hampshire campground remains closed due to a bear that has shown "no fear of humans."
Bear 'showing no fear of humans' closes NH campground
A New Hampshire campground is closed until further notice due to a bear that is not afraid of humans, officials say.
Robot dog spotted working security on Boston Esplanade
Massachusetts State Police are using a Boston Dynamics robot at the Esplanade ahead of Monday's festivities.
Stone Zoo announces birth of baby porcupette
The baby's soft quills will harden over time