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.
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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.
George Carroll, better known as Slaine, shares the story of his journey from addiction to recovery that he describes as one of fear and love.
The arrest of Marcelo Gomes da Silva has shined a new light on what is allegedly happening behind the doors at the Burlington ICE facility.
The cicadas are out in full force in one particular part of Massachusetts. But when will they go away?
Boston and southern New England have had some serious Saturday weather issues this spring, with plenty of rain falling. Here's a look at this weekend's forecast.
The New England Patriots have another special day planned for Tom Brady in Foxboro, with a statue of the quarterback set to be unveiled in August.
A JetBlue flight landing at Logan Airport rolled off the runway and on to the grass Thursday. No one was hurt.
Read's attorneys have abandoned their plans to blame two other men for John O'Keefe's death ahead of closing arguments.
The arrest of Marcelo Gomes da Silva has shined a new light on what is allegedly happening behind the doors at the Burlington ICE facility.
The cicadas are out in full force in one particular part of Massachusetts. But when will they go away?
The New England Patriots have another special day planned for Tom Brady in Foxboro, with a statue of the quarterback set to be unveiled in August.
In East Boston, a new facility is offering people help for mental health as soon as they need it.
The ACL surgery has been around for years, but now has been cleared for children as young as 7.
A new study finds many adults are self-diagnosing with ADHD, mainly due to information and misinformation on social media.
Surgeons at Mass Eye and Ear have found a creative way to make their skin cancer patients look good as new.
Is fluoride actually good or bad for you? Dr. Mallika Marshall answers common questions about fluoride.
Longtime private investigators say the Massachusetts State Police have been denying their license renewal applications.
Enrique Delgado-Garcia was just weeks away from finishing his training at the Massachusetts State Police Academy when he was seriously injured in a boxing exercise and died.
When a Braintree woman signed up for a deal with a new cellphone service provider, it included receiving a gift card for her old cellphones.
A couple was days from being evicted from their home after the bank foreclosed on it. One call changed everything.
An investigation by the I-Team revealed that nonprofit hospitals in Massachusetts aren't helping patients entitled to financial assistance.
The chairman of the Massachusetts Democratic Party said his party needs to listen to voters more as that's what cost them in the 2024 elections.
The "big, beautiful bill" passed by the House contains an AI provision that has unlikely allies lining up to fight it.
An independent political action committee supporting Josh Kraft is behind the first TV ad in Boston's mayoral race. But does its attacks on Mayor Wu tell the whole truth?
The declining number of international students in Massachusetts poses a negative threat to the state's economy, a local expert says.
Gov. Maura Healey is cutting red tape for businesses but people from across the political spectrum want her to do more.
A New Hampshire town's attempt to force a bakery to remove or alter its pastry painting is unconstitutional, a judge ruled.
A Chatham, Massachusetts restaurant has been voted the best in the country for waterfront dining.
Joann is closing more fabric stores in Massachusetts and New Hampshire as the retailer winds down operations.
Bertucci's has closed four restaurants in Massachusetts as it files for bankruptcy for the third time since 2018.
The Easter Sunday holiday means some grocery stores and retailers are closed today in Massachusetts, while others are open.
Nestled inside iconic Marblehead Harbor sits a seafood market serving up what might be some of the freshest seafood in all of New England.
Michaela Johnson heads to York, Maine to learn the process behind crafting sustainably built wooden surfboards.
Established in 1638, Appleton Farms in Ipswich offers a rare glimpse into our region's agricultural past.
Bar Harbor Whale Watch Company offers different cruises highlighting the best the Maine seacoast has to offer.
Located just 30 minutes south of Boston, Treetop Adventures in Canton is the ultimate outdoor adventure experience.
The New England Patriots have another special day planned for Tom Brady in Foxboro, with a statue of the quarterback set to be unveiled in August.
Marco Sturm is not only back in Boston, but he is back with his family in a place they consider home.
Marcelo Mayer sent a pair of moonshots into the Fenway Park stands as the Red Sox rookie is starting to find his groove at the plate.
The Red Sox acquired reliever Jorge Alcala from the Minnesota Twins Wednesday night in hopes the hard-throwing righty can help an overworked Boston bullpen.
Rookie Marcelo Mayer hit two of Boston's four solo home runs and the Red Sox outlasted the Tampa Bay Rays 4-3 on Wednesday night.
A police officer in Ludlow, Massachusetts rescued a baby deer and reunited the animal with its mother Sunday night.
The northern lights put on a show last night above Mount Washington in New Hampshire.
Video of a huge shark swimming around Rhode Island's Block Island on Memorial Day is going viral.
Police officers and a K9 named Meatball helped track down a missing boy in Merrimac, Massachusetts.
A unique home in Boston that went viral because the owner discovered it had once been cut in half is now for sale.