Now, this is very different; quite often, we are so accustomed to writing stories about sad, once-prominent radio and music industry legends who ran through their money and ended up with nothing. Nevertheless, this case speaks volumes for those who DID plan ahead, SAVED money, and STILL broke up.
Over the weekend, I read a heart-wrenching story about Philly radio legend Mary Mason, who is was living out her last days in a nursing home … broke or at least “cash poor.”Mason was once a very prominent figure and black talk radio host in Philly, working on the air for over 40 years on the AM frequency as a political pundit, community supporter, and advocate as well as disciplinarian for the black community.
She is now sitting in a wheelchair, leaning to the side, without the ability to speak or remember anything and declining. She was wise enough to leverage her assets into real estate and other investments during her heyday. She sold time for the Radio Station hosted many events and was a board member for many committee organizations to earn extra money. Without question, Mason was wisely planning for her retirement.
Unfortunately, perfect planning can still go awry. When
As this would indicate, there still may be approximately $700,000 left from Mason’s assets, and the acquisition may not be quick enough to sustain her stay at the nursing home while on her deathbed. She is facing eviction for nonpayment. Read the whole story here https://www.phillytrib.com/news/radio-icon-mary-mason-struggles-with-alzheimer-s/article_89641918-f4c4-5df6-9aa1-798e8c523362.html