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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.
Thanks in part to an anonymous $5.2 million donation, the West Newton Cinema is likely to be saved from being demolished.
For the first time in Massachusetts, a whole blood transfusion saved the life of a patient before he could be brought to a hospital.
Massachusetts State Police Col. John Mawn said the department needs to "look in the mirror" and work to rebuild public trust
Harvard researchers suggest intelligent beings concealed on Earth could be responsible for UFO sightings.
Upgrade your outdoor living space with new patio furniture that's on sale from Wayfair, Walmart and Amazon.
There will be a status hearing later this month about the next steps for a new trial for Karen Read.
Massachusetts State Police Col. John Mawn said the department needs to "look in the mirror" and work to rebuild public trust
One of the jurors in Karen Read's murder trial spoke out to WBZ about their experience on the case before it was declared a mistrial.
Bob's Stores, a discount clothing retailer with locations in Massachusetts and Connecticut, is going out of business.
Authorities in Worcester are warning the public to be on alert after three homemade explosive devices were found in the city recently, two of them in coolers.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
A new study from Harvard Business School shows why there should be more women managers in the workplace.
Dania Furniture recalls Hayden bookcase sold nationwide after an unanchored unit fell over, killing a 4-year-old.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
Although there has been skepticism around plant-based meat, Canadian researchers have found that it's the better option when it comes to getting in your protein.
The I-Team's Call for Action helped an Ipswich woman who spent years trying to get to the bottom of a mistake that was affecting her credit score.
A reformed romance scammer is speaking out, sharing with the I-Team how he got women to send him tens of thousands of dollars.
The I-Team's Call for Action came to the aid of a Waltham woman who paid thousands for a procedure to help her lose fat.
Records show Massachusetts police departments typically and legally sell back or trade in their guns to dealers when they're no longer used by officers.
A woman told WBZ-TV's I-Team she believes she was raped by a killer just weeks before two bodies were found in Brockton in 2014.
Massachusetts Secretary of State William Galvin spoke to WBZ-TV about his concerns over public distrust in the election process.
Jon Keller said Trump's delivery in his first debate was crisp and forceful, while Biden's presentation was halting, his voice raspy.
A bombshell report on the global EV marketplace finds 46% of American EV drivers are so fed up with charging and mobility issues, they're ready to switch back to gas-powered vehicles.
Massachusetts State Auditor Diana DiZoglio hopes voters will empower her by approving the initiative petition.
Diana DiZoglio wants to perform an audit of the Massachusetts legislature, but has been met with pushback.
Bob's Stores, a discount clothing retailer with locations in Massachusetts and Connecticut, is going out of business.
Two New England pizza places were named among the best in the country by The New York Times.
Great Wolf Lodge Mashantucket is set to open in 2025 next to Foxwoods in Connecticut.
In a humble space in Hyde Park, a local company is on a mission to fix how flour is made.
At a time when store closures are surging, the parent company of TJ Maxx and Marshalls is talking about opening hundreds of new stores.
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.
Jayson Tatum is not only an NBA champion, but the Celtics' star is now the highest paid player in the NBA.
Boston Celtics majority owner Wyc Grousbeck is planning to sell his stake in the team within the next year.
The Celtics are extending a key member of their championship team, agreeing to terms with Derrick White.
The Boston Bruins have made a splash in NHL free agency, reportedly agreeing to terms with defenseman Nikita Zadorov and center Elias Lindholm.
Rafael Devers hit a two-run homer, Jarren Duran added a solo shot and the Boston Red Sox ended San Diego's five-game winning streak with a 4-1 victory on Sunday.
Harvard researchers suggest intelligent beings concealed on Earth could be responsible for UFO sightings.
The MSPCA says goats can be goofy and fun pets - and you don't need to be an experienced farmer to adopt one.
Twenty-three sets of twins have graduated from Pollard Middle School in Needham.
A Nantucket restaurant and store has sold two scratch tickets worth more than $1 million this year.
The Stephen Bryant house in Plympton was built in 1669.