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.
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.
Brad Marchand broke the Boston playoff goals record with his 56th and the Bruins beat the Toronto Maple Leafs 3-1 in Game 4 on Saturday night to move within a victory of advancing to the second round.
Lionel Messi played in front of a record crowd at Gillette Stadium on Saturday night and put on quite the show for soccer fans in New England.
The Patriots have five quarterbacks on the roster, and Jerod Mayo hopes that crowded QB room inside Gillette Stadium breeds a lot of competition at the most important position on the field.
A woman and child were killed by a man in an apparent murder-suicide in Lowell on Saturday, according to police.
Jayson Tatum and Jaylen Brown each scored 22 points, and the Boston Celtics soundly beat the Miami Heat 104-84 on Saturday night to a take a 2-1 lead in their Eastern Conference first-round playoff series.
An encampment at Northeastern University is being cleared. Campus officials reported the use of "virulent antisemitic slurs."
A solemn procession is taking place Saturday as the body of Billerica Police Sgt. Ian Taylor will be transported to the medical examiner's office in Boston.
A woman and child were killed by a man in an apparent murder-suicide in Lowell on Saturday, according to police.
The New England Patriots continued to "weaponize the offense" in the fourth round of the NFL Draft, selecting University of Central Florida wide receiver Javon Baker.
Protesters nationwide are demanding that schools cut financial ties to Israel and divest from companies they say are enabling the conflict.
Around 1 in 5 retail milk samples had tested positive for the bird flu virus, but further tests show it was not infectious.
The White House had been due to decide on the menthol cigarette rule in March.
The discovery of drug-resistant bacteria in two dogs prompted a probe by the CDC and New Jersey health authorities.
A new study finds that people with breast cancer are more likely to develop a second cancer over time.
The CDC is keeping a close eye on the impact that rising heat is having on o
A Townsend woman was scammed into believing a famous actor was in love with her. Then the case took on a potentially more sinister turn.
State contracts obtained by the I-Team show taxpayers are paying tens of millions of dollars to hotels for rooms and food.
A fourth-grade teacher at an elementary school in Cambridge is facing child rape charges.
William Foley Jr., a five-time drunk driver who lost his license after a fatal crash in 2001, is back behind bars after an I-Team investigation.
The IRS Criminal Investigation unit helps go after violent criminals, including some right here in Boston.
Quincy City Council President Ian Cain and Swansea attorney John Deaton are seeking the Republican nomination to run against Sen. Elizabeth Warren.
Pro-Palestinian students have accelerated their protests of the Israel-Hamas war. But are the they helping or hurting their cause?
Massachusetts State Sen. Peter Durant weighed in on budget concerns in Massachusetts.
According to ADL's annual Audit of Antisemitic Incidents, Massachusetts had the fifth most incidents in the country last year, up a shocking 189 percent over 2022.
"It's the golden goose," said Rooney of Boston's commercial property taxes, which provides a large percentage of the city's annual revenue.
April 20, 2024 is Record Store Day. See which record shops in Massachusetts are participating.
Boston Dynamics' latest robot is ready to "exceed human capabilities," the company says.
Rising costs are forcing small businesses located on Boston's Massachusetts Avenue to close.
Boston-based box wine brand Alileo teamed up with Caffe Nero to launch a coffee and wine experience in Massachusetts.
Today is Patriots' Day in Massachusetts. Here's what to know about the celebrations and what's open and closed for the holiday.
Robert Shure is the talented sculptor behind the FAO Schwartz teddy bear, the Cy Young memorial and the Massachusetts Fallen Firefighters Memorial.
Ming Tsai demonstrates how to cook a traditional Chinese street food - Ming's bings.
Founded out of love, Rustic Marlin is a home décor and lifestyle brand with a unique origin story in Massachusetts.
The Vermont Country Store has since become an iconic destination for locals and tourists alike.
Creating an inviting environment for the community to meet, enjoy and participate in the arts
Brad Marchand broke the Boston playoff goals record with his 56th and the Bruins beat the Toronto Maple Leafs 3-1 in Game 4 on Saturday night to move within a victory of advancing to the second round.
Lionel Messi played in front of a record crowd at Gillette Stadium on Saturday night and put on quite the show for soccer fans in New England.
The Patriots have five quarterbacks on the roster, and Jerod Mayo hopes that crowded QB room inside Gillette Stadium breeds a lot of competition at the most important position on the field.
Jayson Tatum and Jaylen Brown each scored 22 points, and the Boston Celtics soundly beat the Miami Heat 104-84 on Saturday night to a take a 2-1 lead in their Eastern Conference first-round playoff series.
The Patriots addressed several needs at the 2024 NFL Draft, focusing nearly entirely on the offensive side of the ball.
Researchers spotted a 37-year-old right whale mother named Wolf and her calf off the coast of Massachusetts.
The 2024 cicada broods will not be emerging in Massachusetts - but the buzzing bugs are set to appear here in 2025.
A pair of vultures thought to be "actively dying" actually had too much to drink, wildlife rescuers in Connecticut say.
A fluffy pile of golden retrievers took over the Boston Common in memory of Spencer the marathon dog.
The thick fog made for an eerie sight as the Mayflower II crossed the Cape Cod Canal.