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.
Dozens of city positions are set to be cut, including six in the Lowell Fire Department.
The major league-best Atlanta Braves defeated the Boston Red Sox 3-2 on Friday night.
The flags at the Massachusetts Fallen Heroes Memorial represent the names of each man and woman from the state who made the ultimate sacrifice.
Jessica Ostrowski says her whole life changed when her fiancé Trooper Kevin Trainor was killed stopping a wrong-way driver.
Firefighters responded to a fire at Robbins Lumber in Searsmont, Maine, about 95 miles from Portland.
Jessica Ostrowski says her whole life changed when her fiancé Trooper Kevin Trainor was killed stopping a wrong-way driver.
Temperatures are warming up in Boston next week with the city's first 80 and 90-degree days in over 200 days.
The family of Elizabeth "Lizzie" Dankert, who died in a boat crash in East Boston, said they will miss her immensely.
A Boston University student was arraigned on Friday for allegedly threatening students and staff at the school.
Firefighters responded to a fire at Robbins Lumber in Searsmont, Maine, about 95 miles from Portland.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
There was a possible measles exposure at Logan Airport in Boston last week, Massachusetts health officials say.
A new study finds that a simple blood test could predict Alzheimer's disease long before symptoms appear.
The Lone Star tick, which can cause alpha-gal syndrome, is spreading north throughout Massachusetts.
Boston's cold and snowy winter might have an effect on this year's pollen allergy season.
A driver from Southboro, Massachusetts struggled for months to unravel a frustrating mix up with his E-ZPass account.
The gunman who allegedly opened fire on passing cars on Memorial Drive in Cambridge, Massachusetts is 46-year-old Tyler Brown from Boston.
There have been four violent attacks in three weeks at Tewksbury Hospital and a state representative is taking the fight to Beacon Hill to give security the non-lethal equipment back.
A family is demanding answers from the Gloucester, Massachusetts school district, after learning their five-year-old son was left alone in a quiet room for nearly half an hour.
A nurse says the decision is leaving the staff and patients at Tewksbury Hospital vulnerable to serious injury.
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.
Dover Saddlery is closing its Wellesley, Massachusetts store and preparing for more than 100 layoffs.
The "dirty soda" trend is coming to drive-thrus all over Massachusetts as Dunkin' is now serving up its own version of the viral drink.
Smokey Bones is closing all of its restaurants, including Massachusetts locations in Tyngsboro and Taunton.
Boston ranks right up there with Hawaii as one of the most expensive vacation spots in the country, according to a new report.
The Market Basket Board of Directors was justified in firing longtime CEO Arthur T. Demoulas, a judge ruled Monday.
In Groton, Massachusetts, there is a recently opened state-of-the-art venue that is becoming one of the region's premier nonprofit music destinations.
Stellwagen Bank National Marine Sanctuary is a protected marine ecosystem off the coast of Massachusetts known for its rich biodiversity, world-class whale watching, and historic shipwrecks.
Best Bees installs and manages professionally maintained hives for homes, businesses, and institutions.
Known for his sustainable cooking and farm-fresh ingredients, Woods Hill's Charlie Foster is a leader in the farm-to-table movement.
Gaining Ground in Concord, Massachusetts is one of the region's leading non-profit farms dedicated to hunger relief.
The major league-best Atlanta Braves defeated the Boston Red Sox 3-2 on Friday night.
Kyle Schwarber hit his major league-leading 18th home run and the Phillies defeated the Red Sox 3-1 on Thursday night.
After days of leaks and rumors, the NFL finally released the full schedule for the New England Patriots.
The New England Patriots won't have to wait long for another crack at the Seattle Seahawks after getting dominated in the Super Bowl.
The Boston Red Sox beat the Philadelphia Phillies 3-1 on Wednesday night.
A Boston man says he's lucky to be alive after jumping into the Charles River to save his dog.
Little Joe the gorilla is leaving Boston after decades at the Franklin Park Zoo.
There's been another sighting of an unusual killer whale named Old Thom in the waters off Massachusetts.
A soccer coach in Ludlow, Massachusetts plans to pay it forward after winning big on a lottery scratch ticket.
The Rumney Rocks Climbing Area is partially closed as nesting peregrine falcons could attack rock climbers.