Category Archives: Phil Cannella Media
Should You Downsize After Retirement?
You don’t have to be told that Americans today are not saving enough for retirement. If you haven’t started saving for retirement, here are some quick rules to remember to get you started. Try to save eight times your salary or use the 4% rule. When you’re preparing for retirement keep in mind that you have to still pay bills and as I’m sure you already know bills can add up quickly. When you are newly retired, it can be very beneficial to reduce your Read More +
How Crash Proof Retirement can help Prevent you from Outliving your Retirement Nest-Egg.
More and more Americans these days are approaching retirement faster and faster. Americans are not only retiring, but they’re also living a lot longer past retirement. While decades ago it wasn’t common for individuals to live to 80-85 years old, it’s definitely commonplace now. As a result, employees will now have to share more of their income to support retirees. With these facts, there are three big life-improving steps that can really help boomers these days. One way to lighten the weight of finances is Read More +
Phil Cannella uses Crash Proof System to prevent catastrophic losses
Phil Cannella educates investors on the exclusive Crash Proof Retirement System and how to avoid losses in or near retirement. At Crash Proof Retirement educational events, Phil Cannella addresses standing-room only crowds with this surprising question: “Who would have loved to earn 0% in 2008? The Crash Proof Retirement System is designed so that when the market goes up, you go up, but when the market goes down, you stay even.” Sounds crazy, right? Why would anybody be happy with making 0%? But when the Read More +
Phil Cannella Protects Retirees Through The Insurance Industry
Phil Cannella has spent his career teaching everyday Americans that in retirement, you don’t want to take chances. You don’t want volatility, you want stability. You want guarantees and peace of mind. That’s why Phil Cannella, the creator of the exclusive Crash Proof Retirement System, and Joann Small, the CEO of First Senior Financial Group-(home of the proprietary Crash Proof Retirement System) like to point out that the choice is simple—avoid risk investments, and the industry that houses them, like the plague in your retirement Read More +
Phil Cannella Ends Competitor’s Civil Conspiracy
When it comes to standing up for the American retiree, Phil Cannella is in the trenches helping seniors and retirees as they face the daunting task of navigating their retirement during tough and tumultuous financial times. For almost forty years now Phil Cannella has been a senior advocate working with seniors and those in and approaching retirement to shield them from unexpected life tragedies that can have an ill effect on their retirement. Phil first did this with long term care whereby he aided seniors Read More +
Phil Cannella: IRA Expert and Endorsed by Ed Slott
Phil Cannella is known the world over as a true IRA expert. As a Master IRA Advisor Phil Cannella has studied exhaustively to understand the nuances of the financial world when it comes to people’s IRA accounts, IRA regulations and how to help people with their retirement planning. Ed Slott is one of the nation’s most acclaimed leaders in the field of IRAs. Ed Slott was named “The Best Source for IRA Advice” by the Wall Street Journal and called “America’s IRA Expert” by Mutual Read More +
Phil Cannella Makes Retirement Goals Come True
Phil Cannella -Creator of the exclusive & proprietary Crash Proof Retirement System gives prudent advice regarding retirement in this way: “Retirement is a new cycle of your life, so doesn’t it make sense that your nest egg would enter a new cycle as well?” He further explains that as you enter retirement you are entering a new part of the cycle of life. This is perhaps the final cycle of your life, the one you dreamed you would be able to do all those things Read More +
Phil Cannella Warns about Risks of Mutual Funds
Phil Cannella has made it part of his mission to expose the truth about Mutual Funds and the hidden fees and risks inherent in these types of investment vehicles. He makes the point that there are so many fees over and above the ones that are made obvious to the general public. When you go on Morningstar and you type in the ticker symbol for most mutual funds you will probably see that the fees range from 0.7% to 1.5%. Believing that that is the Read More +
Phil Cannella: Advocate for People In or Near Retirement
Phil Cannella works day in and day out to provide people in or near retired years with a safer and more secure retirement. This occurs in a multitude of different ways. For many years now Phil Cannella has been hosting the Crash Proof Retirement Show on Talk radio 1210-WPHT of CBS Philadelphia. Unlike many presenters who are paid to speak, Phil Cannella is paid programming, I order to impart truth and wisdom to his listeners every week. The information delivered on the radio show consists Read More +
Phil Cannella Examines Liabilities in U.S. Economy
Phil Cannella is consistently examining the underlying performance mechanisms of the American economy so that he can provide the best and most sound financial and retirement advice to the millions of people who attend Crash Proof Retirement Educational Events every year, and listen to the Crash Proof Retirement Show on radio each week. Phil sheds light on weaknesses in the economy that are deeply troubling and should be a concern for all Americans, and most especially retirees. If we take a look at a key Read More +
Phil Cannella Changes Retirement for the Better
In the 1970s, Phil Cannella was a pioneer in developing “long-term care insurance” which many years ago was referred to as “Nursing Home Insurance.” Phil Cannella made his career choice as a result of seeing first-hand what could happen to a family if someone needed nursing home care but couldn’t afford it. This is precisely what happened to Phil’s grandfather when Phil was a young man, and that experience had a lasting effect on a young Phil Cannella who recognized that he could offer real Read More +
Phil Cannella on Being a Professional – Phil Cannella Media
Phil Cannella – Phillip Cannella Media: Phil Cannella has always sought in life to be a true professional in anything he does. This is well reflected in his work as a financial professional where he helps those in and approaching retirement crash proof their nest eggs. Phil Cannella’s level of professionalism in his work is evidenced in the care he takes with each consumer he sits with ensuring they get the highest level of service possible. What Phil Cannella has tried to embody are the qualities of Read More +
Phil Cannella Discusses Traditional Retirement Accounts – Phil Cannella Media
Phil Cannella has lots to say Phil Cannella – Phillip Cannella Media: Phil Cannella has many things to say about traditional retirement accounts, their benefits and their drawbacks. One of the points he makes is about tax-deferred growth that occurs in most accounts versus tax-free growth. Phil Cannella puts it this way, “A tax-deferred retirement account is free from taxation until you want to withdraw from it. A tax-free retirement account is never subject to taxes once it has been established.” Phil Cannella points out dealing Read More +
Phil Cannella Educates Seniors – Phil Cannella Media
Phil Cannella – Phillip Cannella Media: Phil Cannella’s Crash Proof Retirement System™ is designed specifically with the senior citizen in mind. In fact, almost all of Phil Cannella’s life has been dedicated to helping those people in and approaching retirement in one fashion or another. The way he does this education is really two-fold. First of all he educates the consumers who come see him at events he holds throughout the tri-state area. These events held at local venues such as The William Penn Inn and Read More +
Phillip Cannella Media: Phil Cannella Addresses the Risks Facing Retirees
Phil Cannella – Phillip Cannella Media: Phil Cannella has taken a cold hard look at the issues facing people in their retired years and has delved into solutions to many of these risks, especially those risks connected to losing their nest eggs. Phil Cannella talks about it in this way: “There’s no question that today’s retiree faces financial risk in many forms. There’s the risk of losing your principal in the stock market and of your accounts accumulating too many taxes and market fees (fees that weigh Read More +
Phillip Cannella Media: Phil Cannella Talks About Tax-Free Growth versus Tax-Deferred Growth
Phil Cannella – Phillip Cannella Media: Phil Cannella is a well-trained Financial professional, versed in IRA regulations, IRS rules and understand the different types of financial vehicles that are available to retirees. He takes a good look at the advantages and disadvantages of tax-free growth versus tax-deferred growth in a retirement account. As Phil Cannella explains: “A retirement financial specialist knows that there’s more than one way to bypass the RMD to stop the erosion and taxation of your accounts, and turn them into tax-free vehicles that Read More +
Phillip Cannella Media: Phil Cannella And His Grandpa
Phil Cannella – Phillip Cannella Media: Phil Cannella’s life is an interesting story itself. While many people certainly have very colorful lives, Phil Cannella’s is pretty unique in itself. Phil Cannella was not born to riches. He was one of 5 children and his parents struggled to make ends meet. At one point, in order to cover all expenses, his family moved in with his grandparents. As his grandpa neared retirement it was to be a happy time for him with the bright outlook of the Read More +
Phillip Cannella Media: Phil Cannella’s Book Teaches What Most Financial Advisors Don’t Even Know
Phil Cannella – Phillip Cannella Media: Phil Cannella teaches what more financial advisors don’t even know. In his book, Crash Proof Retirement: The Planning Isn’t Over, Phil Cannella provides information to help you approach your retirement proactively, safeguarding you from the many risks that can diminish it. His book will teach you: How to avoid risks and fees of securities How to outpace inflation How to escape the unnecessary taxation on IRAs, 401(k) and 401(b) plans How to preserve your assets from the IRS, so you can Read More +
Phillip Cannella Media: Phil Cannella Asks if Annuities are Right
Phil Cannella – Phillip Cannella Media: Phil Cannella, among others in the field, question the value of annuities and if they are good fit for seniors. Phil Cannella says they definitely have a place as they are very unique products that have a very definite fit and are in fact unique as to what they do. This is how Phil Cannella puts it: “Annuities should have a place in your retirement portfolio for this reason: they’re one of the only guaranteed financial instruments in the history of Read More +
Phillip Cannella Media: Phil Cannella Explains Why Retirees Should Seek a Financial Specialist
Phil Cannella – Phillip Cannella Media: Phil Cannella has said it time and time again, many financial advisors don’t have the best interests of their clients in mind, or they simply don’t have the experience or education to provide the right advice for people who are in their retirement years. What Phil Cannella has learned through his years of research is that there actually are several IRS and IRA laws available that can be used to improve your financial position as a senior, but many financial Read More +
Phillip Cannella Media: Phil Cannella Galvanizes His Audience
Phil Cannella – Phillip Cannella Media: Phil Cannella‘s Phil Cannella can talk to an audience and get them so excited that people want to come through his Crash Proof Retirement System™ in droves. Week in and week out, Phil Cannella holds education events in the Philadelphia region in order to educate retirees and pre-retirees on how to Crash Proof their retirement accounts. After exhaustive studies, Phil Cannella himself has done, he teaches basic principle after principle so that seniors can make informed decisions for themselves as Read More +
Phillip Cannella Media: Phil Cannella Focuses on Consumer Driven Policies
Phil Cannella – Phillip Cannella Media: Phil Cannella, in his pursuit to provide those in and approaching retirement with a means to preserve, protect and grow their nest eggs, has spent untold hours researching the different types of insurance policies available on the market for retirees. Phil Cannella discusses the way he went about this search; “Immediately I discarded the bad policies – the ones that only guaranteed to make the insurance company or the advisor a profit. I concentrated on the best policies, the consumer-driven Read More +
Phil Cannella Media: Phil Cannella Gives Hope to Our Children
Phil Cannella – Phillip Cannella Media: Phil Cannella has lent his hand and his wallet in aid of children in need. Through the Phil Cannella Crash Proof Retirement Show®, Phil Cannella has donated in excess of $165,000 in the last few years to CHOP, Children’s Hospital of Philadelphia. Phil Cannella is quoted as saying, “We plan to be a key financial presence this year too. When you give a child hope, you give a child a future. And that’s like a boomerang; It comes back to Read More +
Phil Cannella Media: Phil Cannella The Philanthropist Helps CHOP
Phil Cannella – Phillip Cannella Media: Phil Cannella has made it one of his missions in life to help those in need of help in any way he can. “Giving is so much more rewarding than receiving,” is a concept Phil Cannella embraces in his daily activities. In his daily work, Phil Cannella helps those in their retired years Crash Proof their nest eggs. When not at work, Phil Cannella dedicates much of his time and wealth to help the future of our generation;our kids, those Read More +
Phil Cannella Media: Phil Cannella and David Kotz on Gary Aguirre Case
Phil Cannella – Phillip Cannella Media: Phil Cannella in another revealing conversation with H. David Kotz, former Inspector General of the Securities and Exchange Commission (SEC), Phil Cannella discusses the infamous Gary Aguirre Case. Gary Aguirre is a lawyer and former investigator for the SEC, and was also the Chief Investigator on the insider trader case involving Pequot Capital Management, who attempted to bring John Mack of Morgan Stanley to justice for leaking inside information about Pequot Capital. This is the reason Phil Cannella is Read More +
Phil Cannella Interviews Alicia Munnell: Part 21
Phil Cannella – Phillip Cannella News Phil Cannella: “Are there any, is there any research that your department has done on any safe alternatives outside of Wall Street’s industry?” Alicia Munnell: “Well, I mean, there are a lot of people who are great fans of the treasury indexed bonds, or treasury tips. Those used to have higher yields than they do now, but saving through inflation adjusted instruments is always a good thing to do, but you probably don’t want to have all of your Read More +
Phil Cannella Interviews Alicia Munnell: Part 19
Phil Cannella – Phillip Cannella News Phil Cannella: “Are bonds risky?” Alicia Munnell: “Bonds of course are risky, but they’re risky in a different way. If you had a bond and you still had it, if you had a bond before the collapse and you still have it that means you probably have the old interest rates and you’re fine, and in point of fact your bond value would have gone up if you wanted to sell it today. When that bond expires though, you Read More +
Phil Cannella Interviews Alicia Munnell: Part 18
Phil Cannella – Phillip Cannella News Phil Cannella: “Well let’s say that you’ve worked 30 years on average, and you’ve had that long time of saving ten percent since you were 25, and you did everything right, and now you do have enough asset level to maintain the beautiful lifestyle that you had when you were working. How do people safeguard something that they worked for all their life, like their nest egg, and keep it intact during market crashes? Because we talked about earlier Read More +
Phil Cannella Interviews Alicia Munnell: Part 17
Phil Cannella – Phillip Cannella News Phil Cannella: “Many people don’t realize it, and I’m sure you do. Many people don’t realize, back in the 1920’s the average aged person on average lived to about 54, 55. Today it’s in the 80’s, and so people are actually retired longer than they worked in their career. Do you see that as a challenge today?” Alicia Munnell: “So certainly life expectancy has gone up. I think those statistics worry me just a little bit because, in the Read More +
Phil Cannella Exposes the SEC
Phil Cannella – Phillip Cannella News If you attend one of Phil Cannella’s educational events, you’ll hear a few things about the SEC, the Securities and Exchange Commission, that agency of the US Government whose primary responsibility is monitoring and regulating the securities industry, Wall Street, etc. The SEC was created after the 1929 Stock Market crash that brought about the Great Depression. In fact, when you attend one of these events, you will more than likely see an exclusive interview that Phil Cannella conducted Read More +
Phil Cannella On Wall Street
Phil Cannella – Phillip Cannella News Phil Cannella agrees with this. A great quote is attributed to Michael Jordan: “If you’re trying to achieve, there will be roadblocks. I’ve had them; everybody has had them. But obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it.” Phil Cannella agrees with this. You won’t achieve your goals in life unless you can get past that Read More +
Phil Cannella Enlightens Thousands
Phil Cannella – Phillip Cannella News Phil Cannella goes to the effort. “Education is the movement from darkness to light” is a quote attributed to 20th century philosopher, Allan Bloom. It is with these words that Phil Cannella gives such emphasis and focus on educating his consumers. “People are kept in the dark so that they can be taken advantage of” says Phil Cannella when asked why he does what he does. In Phil Cannella’s mind it is more important to educate our citizens so Read More +
Phil Cannella Fights for Freedom
Phil Cannella – Phillip Cannella News Phil Cannella is such a modern day freedom fighter. “Freedom is never given; it is won” is a famous quote often repeated. People often think of freedom fighters as those who pick up a sword, a gun or a weapon and go out fighting for their country. And some think of those who have risked their lives demonstrating for a worthwhile cause. Many such people truly were freedom fighters. Phil Cannella is such a modern day freedom fighter. He Read More +
