Retirement Realities: Health Care CostsToo many retirees assume once they are eligible for Medicare their health care costs will disappear. Not so!
Retirement Realities: Retirement Pot HolesThe pot holes of life have a way of messing up the best laid plans for a comfortable retirement.
Retirement Realities: Living Far Away In RetirementDo you think you might want to retire somewhere exotic and maybe cheap? It is working for some retirees.
Retirement Realities: Will You Have Enough Money To Retire?The more money you have saved the more options you will have in retirement. It's that simple!
Retirement Realities: Dress RehearsalI am hoping I never have to retire, because retirement is a scary state of being.
Retirement Myth #5: And We’ll Live Happily Ever After In RetirementThat is a line from a fairy tale! Too many darn things can go wrong with your planning.
Retirement Myth #4: I Am Going To Work ForeverThe reality is that may not be possible for a variety of reasons.
Retirement Myth #3: Social Security Will Be EnoughThe 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: I Am Going To Inherit Money From Mom And DadThe reality is there may not be a lot of money to inherit.
Retirement Myth #1: I Can Wait Until I'm Earning More Money To Save For RetirementThe reality is if you start later in your working career you will need to save more money than if you had started younger.
IRAs: Getting At Your MoneyIt is your money in that IRA. And you can get at it. But you may have to pay a penalty to get at it if you are under 59½.
IRAs: Roth IRAsThe Roth IRA is my favorite of the IRAs. You use after-tax dollars to make your contribution but when you withdraw the funds in retirement, you will not owe income tax on the withdrawals .

More From CBS Boston

Summer of Savings
Download Our App
Download Weather App

Watch & Listen LIVE