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.
How much total snow is Massachusetts forecast to get this winter? The WBZ NEXT Weather team shares their predictions.
As teacher strikes continue in three North Shore communities in Massachusetts, non-union employees at the schools like bus drivers and cafeteria workers are still hard at work.
The Boston Celtics will be welcomed to the White House by President Joe Biden on Thursday to celebrate the franchise's 18th NBA Championship.
Boston police are investigating the theft of $250,000 worth of jewelry from a locker at a high end spa and salon in Copley Square Tuesday afternoon.
Researchers in Massachusetts are studying how noise from the construction of offshore wind turbines is impacting ocean life.
How much total snow is Massachusetts forecast to get this winter? The WBZ NEXT Weather team shares their predictions.
The Boston Celtics will be welcomed to the White House by President Joe Biden on Thursday to celebrate the franchise's 18th NBA Championship.
Boston police are investigating the theft of $250,000 worth of jewelry from a locker at a high end spa and salon in Copley Square Tuesday afternoon.
If you buy tickets to a concert or game in Massachusetts and suddenly can't go, it's going to be a lot more difficult to get rid of them.
As teacher strikes continue in three North Shore communities in Massachusetts, non-union employees at the schools like bus drivers and cafeteria workers are still hard at work.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Cheese processed at plant in Lena, Illinois, may be tainted by bacteria that can cause serious and fatal infections.
Young or old, Democrat or Republican, a majority of Americans say this presidential election is stressing them out.
Researchers at a Massachusetts hospital have discovered a new sign that could indicate whether someone has a concussion and it's literally a shaking of the head.
Several hospitals have failed to come to an agreement with the second-largest health insurer in Massachusetts, Point32Health.
Detective Lieutenant Brian Tully was disciplined for failing to supervise investigators who sent inappropriate text messages during Karen Read's investigation.
WBZ-TV's I-Team has uncovered a third attempted land grab by thieves in Massachusetts, this time in West Yarmouth.
Pink cocaine has reportedly made its way to the Boston area, federal investigators told WBZ-TV's I-Team.
Some Winthrop residents are pushing back against a law requiring Massachusetts communities with T access to allow the development of multifamily units to help with the housing crunch. All of it now could soon be up to voters to decide.
A Springfield man says he gave police evidence that points to another suspect in the Boston Strangler investigation - not Albert DeSalvo.
Now that Question 2 has passed, removing MCAS as a graduation requirement in Massachusetts schools, what are the standards for high school graduation?
Massachusetts voters approved ballot questions on the auditor's authority and the MCAS, but lawmakers may still tinker with them.
Donald Trump won 75 cities and towns in Massachusetts in the 2024 election. Eleven of them voted Democrat four years ago.
If you were looking for surprises, the 2024 election likely wasn't for you.
John Deaton said he believes Sen. Elizabeth Warren is creating divisiveness in the state
The maker of Bell's Seasoning says its stuffing won't be in stores for Thanksgiving this year.
The Museum of Ice Cream will open its doors this December in Boston's Seaport neighborhood.
It appears Tree House Brewing Company has big plans to expand in Boston, according to filings with the city.
Here's where to find Veterans Day 2024 free food offers and discounts at restaurants in Massachusetts.
Seven Stop & Shop stores in Massachusetts will be closing permanently on Oct. 31.
Host Rachel Holt talks with their CEO about their distinct connection to Newport and what sets them apart as a "brewstillery."
Newport's Castle Hill Inn is one of the area's most coveted destinations offering visitors spectacular views, luxurious accommodations, and unique dining experiences.
Founded in 2014 with a mission of preserving, celebrating and sharing automotive history, the Audrain Automobile Museum is a must-stop destination for both car enthusiasts and Newport visitors alike.
Host Rachel Holt joins Prezza Mixologist Craig Carpenter in Boston's North End for a hot new twist on a classic cocktail that's bound to be the next big hit.
Chef Delphin Gomes joins host Rachel Holt in the test kitchen to show off his latest creations and the art of merging design with chocolate.
The Boston Celtics will be welcomed to the White House by President Joe Biden on Thursday to celebrate the franchise's 18th NBA Championship.
Cole Strange is back at practice for the New England Patriots, and detailed his frustrating recovery from a right knee injury that has sidelined him for nearly a year.
The New England Patriots will make their annual trip to South Beach this weekend to take on the Miami Dolphins.
Bruins GM Don Sweeney said "change is hard," but he believes it was the right time to fire head coach Jim Montgomery as the team struggles early in the season.
The defending NBA champions held off the league's hottest team on Tuesday night in Boston.
Researchers spotted a right whale in Cape Cod Bay exhibiting behavior that is typically seen later in the season.
The Lizzie Borden House in Fall River has landed on USA Today's Top 10 list of the best haunted hotels.
New York City is officially legalizing jaywalking. Is it time for Boston to do the same?
Boston is looking to give new life to the historic bear dens in Franklin Park.
The massive comet that's starting to become visible in the night sky won't stick around for too long.