Do It Yourself or “DIY” Retirement Planning
“Do It Yourself” or DIY retirement planning is probably a phrase you never thought you’d consider. With traditional pensions declining, individuals are starting to work on planning their retirement by themselves. Typically, you’re on your own when it comes to saving for retirement, or for the rest of your life. This is definitely a tough challenge for many individuals. To help you begin planning for retirement, you can apply concepts from portfolios that others have used to accumulate assets while building their own portfolios. While Read More +
What To Do During Retirement
Let’s face it: being retired can be boring after a while. After you’ve stopped working, the days can start to run together if you aren’t out experiencing new things. Here’s a list of things that you can do during retirement to experience the “recess years” of your life. 1. Travel. If it’s within your budget, try and get out of town for a while. Whether it’s the other side of your state or the other side of the world. Sometime experiencing new towns and cultures Read More +
Phil Cannella Provides Crash Proof Answers to Tough Retirement Questions
Phil Cannella learned early in his life how important it is to protect senior citizens from the obstacles that could stand in the way of a secure retirement. That’s why Phil Cannella has spent the past 39 years as a consumer advocate and working to reach the designation of “Retirement Phase Expert.” But in the early 2000s, Phil Cannella found his true mission and calling in the form of his trademarked & exclusive Crash Proof Retirement System. The fallout from the 2001-2002 stock market collapse Read More +
Phil Cannella Takes On the Big Dogs
Phil Cannella, in an effort to bring about financial industry reform, has had to stand up against some of the big players in the financial and banking world. The motive behind his efforts is simple: The big investment banks and Wall Street make a lot of money on fees and commissions from everyday investors. Most investors are ignorant of the amount of money their paying each year to their brokers and advisors. Phil Cannella is diametrically opposed to everyday consumer getting fleeced by Wall St. Read More +
Phil Cannella Explains How to Avoid the “Retirement Bubble”
Phil Cannella is acutely aware of how fragile our current economy is and how it’s been artificially propped up through trillions of dollars of quantitative easing. Unfortunately, the country’s massive debt, and the ever-escalating budget deficits are putting this economy into an untenable position. Phil Cannella is a businessman and as any good businessman or business woman will tell you, you cannot run a business by constantly driving it into further and further debt. Phil Cannella will tell you that this economy is poised for Read More +
Phil Cannella Gives Life Lesson About Retirement
Phil Cannella makes a very astute observation about life when hearing people in retirement make the following exclamation: “I did it…I made it to my goal.” Phil Cannella’s response: “It all comes back to the “cycles” of life.” Phil Cannella makes an analogy of 10 explorers climbing Mt. Everest and reaching the top. When they arrive at the summit they exclaim: “We did it- We Made it to the top! We’ve accomplished our goal!” However, Phil points out that only “half of the journey’” has Read More +
Phil Cannella Stands for Truth and Logic
On his Crash Proof Retirement Show, Phil Cannella explains that “building a retirement plan is based on a foundation of truth” and he built the proprietary Crash Proof Retirement System on a foundation of truth and logic. During every step of the process of constructing an individualized Crash Proof Retirement System, Phil Cannella looks to eliminate all the risk factors that could upend an otherwise sound retirement plan. To begin with, he examined stocks, bonds and mutual funds and discovered a common denominator in them Read More +
Phil Cannella Concerned about Seniors Outliving Their Assets
Phil Cannella points out that one of the biggest challenges facing retirees is not necessarily running out of money during retirement. While statistical averages can predict to a certain degree our life expectancy, the truth of the matter is that we could live longer than the average. As we head into retirement, Phil Cannella tells us that we need to look at our needs, our goals and our assets and come up with a course of action that ensures that we don’t deplete our assets Read More +
Phil Cannella Says Don’t Count on Social Security for Retirement
When designing a Crash Proof Retirement System for a consumer, Phil Cannella looks at all economic factors that could impact an individual’s retirement plan. One of these is Social Security. For many Americans Social Security is a key component of any retirement because it represents a stream of payments for life; something each and every one of us might end up relying upon to live out the rest of our years. However, Social Security has a major weakness which is COLA. COLA stands for Cost Read More +
Phil Cannella Addresses Retirement Concerns
Phil Cannella developed the exclusive Crash Proof Retirement System is order to fulfill his duty as a consumer advocate and serve a needs of retirees that had become very evident after the tech bubble burst in the early part of this century. After seeing so many people, in and near retirement, lose so much of their nest-eggs so fast, Phil Cannella developed his proprietary Crash Proof Retirement System to protect assets so that baby-boomers could enjoy the retirements for which they had always wished. One Read More +
Phil Cannella Explains Effectiveness of Crash Proof Retirement System
Phil Cannella has taken the risk out of investing by creating the exclusive Crash Proof Retirement System that allows one’s investments to grow as the markets rise, but stay even when the markets go down or even crash. Crash Proof investments never lose a penny of principal and that includes all of the vehicles within the Crash Proof System. This creation of the Crash Proof System goes right back to the core of Phil Cannella’s values and what he stands for when it comes to Read More +
The Philosophy Behind the Phil Cannella Crash Proof Retirement System
Phil Cannella explains that the exclusive Crash Proof Retirement System is not just a retirement strategy, it is a philosophy itself. Unlike many financial professionals who pitch the same one or two products to all investors, what Phil Cannella does is very different. His approach is to, first of all, educate the consumer in front of him. Before anyone becomes a client, Phil has spent many hours educating individuals on the financial industry, its pitfalls and what an investor and, most especially, a retiree must Read More +
Protecting Your Retirement From You – by Phil Cannella
With the 2008 recession still fresh on the minds of baby boomers in or near retirement and with the “flash crash” that took place this past August, now is the time to step back and take a look at the versatility of your savings. Over 30 million Americans in the previous 12 months have dipped into retirement savings to pay for an unexpected expense. New research shows this undercuts financial security and leaves the need for every household to maintain an emergency fund. Baby boomers Read More +
Phil Cannella Protecting Your Investments
Phil Cannella has devised a unique system that eliminates all market risk from an investor’s portfolio, while at the same time offering decent returns. I am not talking about a bank CD or money market account which, though they are considered safe, the interest these accounts earn don’t even keep up with inflation. What we are talking about are Crash Proof Investment vehicles that eliminate market risk yet still have the potential of upside growth. These financial vehicles participate in the growth of the market Read More +
Phil Cannella Honors Crash Proof Consumers on The Crash Proof Retirement Show
On last week’s edition of the Crash Proof Retirement Show, Phil Cannella and Joann Small briefly discussed the first major even of the 2016 Presidential election season. On the heels of last Thursday’s debate among the top contenders for the Republican nomination, Phil Cannella said he liked a lot of what he was hearing. “Don’t you think if we could take a particular ingredient from each of the candidates, you might come up with the perfect President?” he asked. What does election season mean to Read More +
Phil Cannella—The Original Consumer Advocate
Phil Cannella has spent a lifetime fine-tuning a strategy to protect the retirement futures of consumers. Last week, Phil Cannella and Joann Small discussed the role that peace of mind plays in the exclusive Crash Proof Retirement System. For almost seven years, Phil Cannella and Joann Small have been on Talk Radio 1210 WPHT, explaining and describing the countless benefits of the exclusive Crash Proof Retirement System to loyal listeners throughout the Philadelphia area. And as Phil Cannella likes to say, the Crash Proof Retirement Read More +
Phil Cannella Warns Of ‘Ripple Effect’ From Greek Debt Crisis
Each week on The Crash Proof Retirement Show, Phil Cannella and Joann Small report on the global financial issues that could affect the economy–and your retirement. This week, they went in-depth on the current crisis in Greece. By now, everyone knows the people of Greece have voted ‘no’ in a referendum on whether or not to accept the bailout terms offered by the European Union and other members of the Eurozone. Previously, the leaders of other European nations maintained that a ‘no’ vote would spell Read More +
Phil Cannella Stands For Truth And Consumer Advocacy
Phil Cannella: Not Your Typical Financial Professional Phil Cannella’s long, storied career in protecting the futures of American retirees was built upon the strength of his character. Over 39 years, Phil Cannella has built his name and reputation on the concept of fiduciary responsibility. It troubles him when he sees others continue to disregard the well-being of clients. The financial crisis of 2008-2009 brought to light the rampant wrongdoing that permeates Wall Street. Industry professionals seek to take advantage of unwitting and gullible consumers. Insiders Read More +
Phil Cannella Issues A Caution To Investors
Phil Cannella regularly cautions investors about the pitfalls of stock market investing at Crash Proof Retirement educational events. But on a recent edition of the Crash Proof Retirement Show, Phil Cannella and co-host Joann Small gave a very specific timeline on the danger of risk investments. Phil Cannella and Joann Small regularly discuss the money that upfront fees and ongoing expenses take out of your Wall Street investments. It’s a serious problem—Dalbar Corporation found the average investor in mutual funds has made only 3.7% annually Read More +
Phil Cannella On How To Stay Ahead During Market Crashes
Phil Cannella educates investors around the tri-state area on 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?” Sounds crazy, right? Why would anybody be happy with making 0%? But when the subprime mortgage industry started to struggle in 2007, the memory of the stock market crash earlier that decade was still fresh in Phil Cannella’s mind. It had led him Read More +
Phil Cannella’s Crash Proof Retirement Testimonial
The Crash Proof Retirement System, created by Phil Cannella, has helped thousands of people to secure their retirement futures. Today, we focus the Crash Proof Retirement spotlight on Joyce and Vince Natale of Havertown, PA. The Natales’ story is a common one in this generation of retirees. Frightened by the crash of 2008, Joyce and Vince were faced with the prospect of preparing for retirement—but were unwilling to accept the inherent risks of investing on the stock market. “I took a 40 percent hit on Read More +
Phil Cannella Explains The Domino Effect in Bond Markets
Each week on The Crash Proof Retirement Show, Phil Cannella takes time to talk about safe alternatives to the risk of Wall Street. This week’s lesson was about the volatility of the bond environment, a lesson the city of Chicago is learning as we speak. Research from Retirement Media Inc. found that Moody’s, a leading provider of credit ratings, research, and risk analysis, has downgraded the credit rating of America’s 3rd-largest city to junk-bond levels. Moody’s rating system, which grades bonds from Aaa to C, Read More +
Happy Mother’s Day From Phil Cannella And Crash Proof Retirement
Phil Cannella dedicated The Crash Proof Retirement Show to moms everywhere last Saturday, paying special tribute and offering specialized retirement advice to the most important woman in all of our lives. “Let There Be Moms!” “It was a very wise man who once said, ‘God can’t be everywhere; therefore, let there be moms!’” said Phil Cannella. With everything our mothers do for us throughout our lifetimes, we all want to see them enjoy their golden years to their fullest extent. Part of that is spending time Read More +
Phil Cannella Welcomes Expert Brandon Garrett To The Crash Proof Retirement Show
Phil Cannella has been the host of The Crash Proof Retirement Show for almost seven years, and has had the opportunity to interview numerous exclusive guests. But he blazed a new trail recently when he welcomed Brandon Garrett, a professor of law at the University of Virginia. Professor Garrett recently authored the book Too Big To Jail: How Prosecutors Compromise With Corporations. Professor Garrett spent years researching the lenient manners in which these cases are often settled, with many guilty companies paying small or no Read More +
Phil Cannella Lawsuit – Phil Cannella Lawsuit Upholds The Truth – Phil Cannella Lawsuit
Phil Cannella Lawsuit, Phil Cannella Reviews, Phil Cannella Complaints As Phil Cannella will tell you, if you are going to take a stand for what is right; if you are going to make a real effort to change those things ailing mankind; if you are going to put a stop to those who wound in the name of help; if you are going to bring truth against an ocean of lies; if you are going to stand up like he, Phil Cannella, has done and Read More +
Phil Cannella Complaints – Phil Cannella Complaints Address the Benefits of Fixed Deferred Annuities – Phil Cannella Complaints
Phil Cannella Complaints, Phil Cannella Lawsuit, Phil Cannella Reviews Phil Cannella appreciates that many consumers are wary of annuities. It is not surprising that it is so when so many financial advisors recommend these products to consumers when it is not the best product for their given situation. Having said that, Phil Cannella also indicates that there are times when annuities, specific annuities are good for the consumers. For example, for some clients, depending on their needs and their goals a fixed deferred annuity might Read More +
Phil Cannella Reviews – Phil Cannella Reviews Discusses Term Certain Annuities – Phil Cannella Reviews
Phil Cannella Reviews, Phil Cannella Lawsuit, Phil Cannella Complaints Phil Cannella will tell you that in insurance there is no one size fit all. Any financial professional who knows his business will assess the individual goals and needs of their client before making any recommendations as to what type of financial vehicle to invest in. When it comes to working with retirees, this is where Phil Cannella’s expertise truly shines. One type of annuity that some Advisors recommend to retirees is a term certain annuity. Read More +
Phil Cannella Lawsuit – Phil Cannella Lawsuit Remarks on the Communications Decency Act – Phil Cannella Lawsuit
Phil Cannella Lawsuit, Phil Cannella Reviews, Phil Cannella Complaints Phil Cannella points out that one of the great things about the United States is that the Bill of Rights grants us all the right to free speech. This freedom that we so often take for granted doesn’t exist in many parts of the world. There are countries where speech that doesn’t fit the beliefs of a ruling party or religious group can lead to the death sentence. Another factor that sets the United States apart Read More +
Phil Cannella Complaints – Phil Cannella Complaints Discusses Life Expectancy in Insurance Products – Phil Cannella Complaints
Phil Cannella Complaints, Phil Cannella Lawsuit, Phil Cannella Reviews Phil Cannella will tell you that your life expectancy plays the single largest role in determining your premium in certain insurance products, specifically life insurance. A great resource that Phil Cannella uses when working with clients is Investopedia. This resource is packed full with great information along the same educational line that Phil Cannella uses. According to Investopedia, Life expectancy is defined as the age to which a person is expected to live. It can also Read More +
Phil Cannella Reviews – Phil Cannella Takes a Hard Look at Life Expectancies – Phil Cannella Reviews
Phil Cannella Reviews, Phil Cannella Lawsuit, Phil Cannella Complaints Phil Cannella understands how life expectancy tables play a major role in many insurance contracts. In life insurance for example, the life insurance company is guaranteeing a payment to your designated beneficiary upon your death. While there are complex calculations to figure out what your premium should be, one of the fundamental factors is a gauge of how long you are going to live. As Phil Cannella explains, while there is no way anyone can predict Read More +
Phil Cannella Crash Proof Retirement: Phil Cannella Probes the Inspector General of the SEC – Phil Cannella Crash Proof Retirement
Phil Cannella Crash Proof Retirement Phil Cannella Crash Proof Retirement – Phillip Cannella Crash Proof Retirement: Phil Cannella Crash Proof Retirement, Probes the Inspector General of the SEC on Why Wall Street Isn’t in Jail. Phil Cannella, investigative reporter and founder of Retirement Media, Inc, provides listeners with valuable information that can transform the way they plan their retirement. He’s made it his mission to uncover the truth in an industry that prefers to stay in the dark, and he’s not afraid to ask the tough questions to get to Read More +
Phil Cannella Reviews: Phil Cannella Interviews Best-Selling Author and Economist Forecaster -Phil Cannella Reviews
Phil Cannella Reviews Phil Cannella Reviews – Phillip Cannella Reviews: Phil Cannella Reviews, Interviews Best-Selling Author and Economist Forecaster, Harry Dent on Why 2014-2015 is the Next Big Danger Period. Phil Cannella provides another insightful interview, this time with best-selling author and renowned economic forecaster, Harry Dent, in an effort to educate America about healthy retirement strategy. Harry Dent and Phil Cannella are a unique combination to listen to, providing listeners with a revealing glimpse into our 2014 economic forecast. With insights into how to protect what you have before Read More +
Phil Cannella Complaints: Phil Cannella Teaches Why You Should Crash Proof Your Retirement – Phil Cannella Complaints
Phil Cannella Complaints Phil Cannella Complaints – Phillip Cannella Complaints: Phil Cannella Complaints, considers himself a financial lifesaver, primarily because he teaches people what no one else is teaching. What you’ve probably been taught is to save for retirement. You’ve been given tips for building up your nest egg. You’ve sacrificed part of your paycheck each week to save, and if you’re getting close to retirement, you’re probably thinking, “I did it! I’m almost there! Soon I can relax and enjoy the fruits of my labor.” Phillip Cannella Complaints Read More +
Phil Cannella Media: Phil Cannella Shares a Golden Rule to Financial Advisors – Phil Cannella Media
Phil Cannella • Phillip Cannella Phil Cannella – Phillip Cannella Media: Phil Cannella has longed believe that to truly help your client, you must always put yourself in the client’s shoes. Phillip Cannella • Phil Cannella A rule of thumb to all advisors; before giving any advice, think of what you would do if you were that retiree. This country is filled with financial advisors that deal with so many clients on a given day that they have lost all connection with satisfying the individual needs of a client. But as Read More +
Phil Cannella Lawsuit fighting for Freedom of Speech • Part 1 – Phil Cannella Lawsuit
Phil Cannella Lawsuit, Freedom of Speech Phil Cannella • Phillip Cannella Lawsuit News: Phil Cannella Lawsuit has long recognized the values our forebears put into the Bill of Rights, those first 10 amendments to the constitution. The First Amendment in particular is one that Phil Cannella cherishes and considers perhaps most important of all. “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to Read More +
Phil Cannella Recalls the Enron Scandal – Phil Cannella Blog
Phil Cannella • Phillip Cannella Phil Cannella – Phillip Cannella Media: Phil Cannella has long been documenting corruption in corporate America as well as the regulating offices in our federal government that are failing to bring an end to the ongoing fleecing of the average American. Phil Cannella reminds us that the Enron scandal should not be forgotten, as it was a milestone event that, for s short time, revealed to America the depths of corruption taking place in corporate America. Phillip Cannella • Phil Read More +
Phil Cannella Explains “Sleep Well Accounts” – Phil Cannella News
Phil Cannella works with American retirees who want to sleep well knowing their nest egg is safe and sound. One of the financial lessons he teaches is something many people don’t realize, which is that the insurance industry can be their number one ally. Phil Cannella calls insurance products “sleep well accounts” because they allow you to sleep well no matter what the economic conditions are. If the markets go up, you sleep well knowing that you’re making money. If they go down, you still Read More +
Phil Cannella Explains the Exclusion Ratio – Phil Cannella Media
Phil Cannella shows retirees everyday how to legally refrain from reporting 85% of their income over a ten-year period, a method that most financial advisors aren’t even aware of. Do you want to know how you can do the same? The answer lies with what is called the Exclusion Ratio, which is the portion of your annuity’s income that the IRS considers a return of your original principal. When you own certain insurance products, you receive a number of tax incentives that reduce the income Read More +
Phil Cannella Reveals 2 of the Best Client-Driven Financial Vehicles – Phil Cannella Blog
Phil Cannella helps American retirees protect their nest egg so that they can enjoy the retirement they deserve and worked so hard for. He suggests that in your retirement years you put your money in client-driven accounts (money instruments that favor the owner instead of the advisor) especially those that are specifically designed for American retirees. Let’s look at two of them now… Exclusion Ratio One of the ways Phil Cannella helps his clients legally refrain from reporting 85% of their income is with Read More +
Phil Cannella Addresses the Market Crashes of the Last 15 Years – Phil Cannella Media
Phil Cannella saw many many consumers hurt Phil Cannella – Phillip Cannella Media: Phil Cannella saw many too many consumers hurt by the devastating effects created not only by the market crash of ’01 and ’02, but also the crash of ’07 and ’08. Seeing that the markets went through a cycle every 5 – 7 years where they would go up, up, and up and then come tumbling down, he sought to do something to prevent the nest eggs of retirees getting wiped out so drastically. Read More +
Phil Cannella Recognized by Snr Market Advisor Publication – Phil Cannella Blog
Phil Cannella recognized Phil Cannella – Phillip Cannella Blog: Phil Cannella has been recognized by one of the leading market publications as one of the foremost experts on retirement planning. After almost 40 years in the industry, Phil Cannella became one of the leading lights in the insurance space in the country having helped thousands of retirees and pre-retirees reach their retirement goals, financially speaking. Seeing that Phil Cannella had a vastly successful seminar system, Snr Market Advisor interviewed him at length to discover the secrets Read More +
Phil Cannella Trained and Endorsed by Ed Slott – Phil Cannella News
Phil Cannella leading financial professionals Phil Cannella – Phillip Cannella News: Phil Cannella has become one of the nation’s leading financial professionals as a result of much training over the years. People becomes professionals in a field with hard work and study through college and university and then practicing that newly gained knowledge under the tutelage and direction of a real master. The true expert is one who has not just studied the theory of a subject but one who can actually practice the subject to. Read More +
Phil Cannella and The American Dream – Phil Cannella Media
Phil Cannella is passionate for all retirees Phil Cannella – Phillip Cannella Media: Phil Cannella is very passionate when it comes to his desires for all retirees and those who are approaching retirement to enjoy their golden years. So much so that Phil Cannella has expressed his disgust at the financial services industry and specifically Wall Street when it comes to fleecing the everyday investor. Phil Cannella developeds Crash Proof System Phil Cannella has seen from the bottom up and the top down how vested interests Read More +
Phil Cannella Wants 100% of Your Money Working for You 100% of the Time – Phil Cannella Blog
Phil Cannella has very strong views Phil Cannella – Phillip Cannella Blog: Phil Cannella has very strong views in the way some financial advisors take advantage of their clients. One of the issues he repeatedly brings up is that the performance of a financial advisor who invests his client’s funds in securities has little bearing on his income. In other words, as Phil Cannella explains, the financial advisor will make money off of a client’s portfolio whether the client makes money or doesn’t make money. Phil Read More +
Phil Cannella Extolls Client-Driven Financial Vehicles – Phil Cannella News
Phil Cannella explains types of financial vehicles Phil Cannella – Phillip Cannella News: Phil Cannella explains that there are two types of financial vehicles. There are those that are broker-driven and those that are client-driven. Here we will discuss the client-driven ones. Phil Cannella focuses on client-driven vehicles Phil Cannella, in his Crash Proof Retirement System, focuses solely and only on client-driven vehicles and there is good reason for this. As Phil Cannella himself explains: “A client-driven financial vehicle is a money instrument that by and Read More +
Phil Cannella Gives a Background to the Crash Proof Retirement System™ – Phil Cannella Media
Phil Cannella – Phillip Cannella Media: Phil Cannella developed the Crash Proof Retirement System™ to protect retirees from losing their hard-earned retirement savings to the fees, volatility and corruption of Wall Street that has been making retirement an unnecessary struggle in America for decades. Phil Cannella has since successfully protected thousands of retirees and ensured they have a safe, secure and comfortable retirement. The entire concept behind this system is that Phil Cannella wants people in retirement to be able to enjoy their retirement, to be Read More +
Phil Cannella Challenges the Rule of 100 – Phil Cannella Blog
Phil Cannella – Phillip Cannella Blog: Phil Cannella goes against the grain once again by telling us that the Rule of 100 is not always the most sensible approach to someone’s retirement accounts. You see Phil Cannella isn’t looking for a cookie-cutter approach to someone’s retirement accounts, he is looking at treating each person as an individual and assessing each person’s individual needs against their overall assets. If you are not familiar with the rule of 100, simply put it works like this: Take the number Read More +
Phil Cannella and the Beginnings of His Career – Phil Cannella News
Phil Cannella – Phillip Cannella News: Phil Cannella has quite a back story of the Crash Proof Retirement System™. It was not chance that brought Phil Cannella to this arena, it was a specific set of circumstances in his early days in life that set Phil Cannella on this course. As Phil Cannella explains, the story of Crash Proof Retirement began in the 1970s, when the Cannella family lived together in a row home in suburban Philadelphia, working together as a family to make ends meet. Read More +
Phil Cannella Aids Sandy Victims – Phil Cannella News
Phil Cannella came to the rescue Phil Cannella – Phillip Cannella News: Phil Cannella came to the rescue along with many others on the heels of one of the worst storms to hit the East Coast. Seeing the devastation that Hurricane Sandy ravaged, Phil Cannella insisted on providing the succor so badly sought by those in distress. Seeing people’s homes wiped away, seeing people who lost so much, Phil Cannella made a point to aid these people by providing much needed wherewithal to those in need. Phil Read More +
Phillip Cannella Blog: Phil Cannella Looks at Adult Day Care
Phil Cannella – Phillip Cannella Blog: Phil Cannella tells us that there are numerous different types of long term care facilities that provide different levels of service. While each varies in cost, it is the type of care that is significant and the needs of the person requiring such care that is important to evaluate. And of course, as Phil Cannella explains, the cost of care in each case varies markedly. At the high end, Phil Cannella tells us are nursing homes. These are also the most Read More +
Phillip Cannella Media: Phil Cannella Comments on Assisted Living Facilities
Phil Cannella – Phillip Cannella Media: Phil Cannella Phil Cannella was one of the early pioneers of long term care insurance going back to the 1970s when he sold what was then known as nursing home care door to door. Phil Cannella to this day offers long term care insurance to his clients in order to protect their nest eggs in case a need arises for some form of long term care. As Phil Cannella explains, the cost of long term care is extremely high with Read More +
Phillip Cannella News: Phil Cannella Talks About Nursing Home versus Home Health Care
Phil Cannella – Phillip Cannella News: Phil Cannella explains that there are several different types of long term care, each somewhat different in terms of how care is provided, each coming with a different price tag and each fitting a different type of need. Phil Cannella goes on to tell us that each person is different when it comes to their needs. Some people, if they needed help with the activities of daily living want to do it in the comfort of their own home. For these Read More +
Phillip Cannella Blog: Phil Cannella Says that What You Don’t Know Can Cost You
Phil Cannella – Phillip Cannella Blog: Phil Cannella doesn’t want the everyday investor left in the dark, which is why he goes to great pains to educate those coming through his doors so that they are made aware of essential factors that can influence their retirement decisions. There are so many ins and outs to these retirement accounts, it is difficult enough for a financial professional to stay on top of it. This is why Phil Cannella insists that those who deal with the Crash Proof Retirement Read More +
Phillip Cannella Media: Phil Cannella Says Insurance Products are “Sleep Well” Accounts
Phil Cannella – Phillip Cannella Media: Phil Cannella focuses on financial vehicles that are crash proof and in so doing he has latched onto the insurance industry that provides numerous products that accomplish this purpose. In fact, Phil Cannella makes a strong case against a retiree investing large portions of their assets in the stock market as they are at risk to unpredictable losses. This unpredictability gives many sleepless nights. Why should people in their retired years have to deal with this asks Phil Cannella. This is Read More +
Phillip Cannella News: Phil Cannella Discusses Ongoing Fees
Phil Cannella – Phillip Cannella News: Phil Cannella has assumed the role of educator in his relationship with his clients and not that of someone “selling” insurance. Phil Cannella prides himself on being a consumer advocate for just that reason. He wants to educate his consumers so that they can decide for themselves what is right and what should be done with their financial future. The educational process begins by attending an educational event that Phil Cannella puts on several times a month throughout the tri-state area. Read More +
Phillip Cannella News: Phil Cannella Urges Consumers to Consider the Roth IRA
Phil Cannella – Phillip Cannella News: Phil Cannella is no stranger to IRA regulations. In fact, it is quite the opposite, he is truly a master when it comes to understanding the regulations and ins and outs of IRA laws. This is why Phil Cannella is such a strong proponent of the Roth IRA which works quite differently from the Traditional IRA in that monies put into a Roth are after tax, and so the Roth grows tax-free, never requiring any taxes to be paid on the Read More +
Phillip Cannella Media: Phil Cannella Urges You Not to Miss the Boat
Phil Cannella – Phillip Cannella Media: Phil Cannella says that you can’t wait until it is too late to think about protecting your nest egg. Sooner or later the markets are going to take a tumble and you don’t want to be riding that ship when it goes down. Phil Cannella hears much too often from those he is educating that they lost much of their nest egg in a market crash and come to see him to get help. In Phil Cannella’s own words: “Many of Read More +
Phillip Cannella Blog: Phil Cannella Working for the Rights of Retirees
Phil Cannella – Phillip Cannella Blog: Phil Cannella is determined to put the rights of retirees to have a safe and secure retirement at the front and center of discussion and action. Going into the face of Wall Street, Phil Cannella makes it his business to put an end to the fleecing of the everyday investor and thereby empower the average man to stand up for his rights when it comes to determining his or her own retirement. Phil Cannella has seen far too many retirees and Read More +
Phillip Cannella Blog: Phil Cannella’s Book Reveals: Retirement Isn’t the Destination; It’s the Half Way Mark
Phil Cannella – Phillip Cannella Blog: Phil Cannella’s book,Crash Proof Retirement: The Planning Isn’t Over, speaks about his life growing up and the joy he remembers seeing on his grand pop’s face when he came home and said, “I did it! I’m retired!” He also remembers the tragedy that struck shortly after that day when his grand pop suffered a stroke, and the medical bills ate up his retirement funds. If there’s one thing Phil Cannella has learned, it’s that retirement isn’t the end of the Read More +
Phillip Cannella News: Phil Cannella Explains Accumulation Phase vs. Retirement Phase
Phil Cannella – Phillip Cannella News: Phil Cannella often states that retirement is only the halfway point and that if you don’t continue planning into your retirement, your savings can fall through your fingertips. He uses the following two phases to demonstrate his point: the Accumulation Phase and the Retirement Phase. The Accumulation Phase encompasses the years when you are busy working hard, sacrificing, saving and investing to grow your nest egg. If you are fortunate enough, you will have built a nest egg that will Read More +
Phillip Cannella Media: Phil Cannella Provides Invaluable Resources For Protecting Your Nest Egg
Phil Cannella – Phillip Cannella Media: Phil Cannella is dedicated to informing retirees about the many ways to protect and guarantee their nest eggs, even in the face of a catastrophic illness, extended nursing home stay or market crash. Every year, approximately one million seniors who worked a lifetime become impoverished due to poor planning or no planning at all during the Retirement Phase. That’s a pretty terrible statistic considering that most people are not warned about the concealed hazards that loom ahead of them in Read More +
Phillip Cannella News: Phil Cannella Explains The Safety of Banks
Phil Cannella – Phillip Cannella News: Phil Cannella has examined the protections that the banking system provides as compared to the insurance industry. One very interesting aspect of the banking system is the FDIC. As Phil Cannella explains, we’ve all seen the “FDIC-insured” signs in banks. Phil Cannella explains exactly what this means: “When you go to your bank, you probably see the FDIC-insured signs on the counters or plaques on the wall to ease your concerns, informing you that your funds are safe in their hands Read More +
Phillip Cannella Media: Phil Cannella Asks Who Polices the Insurance Industry?
Phil Cannella – Phillip Cannella Media: Phil Cannella is keen on oversight of financial institutions for the very reason that you get people who will not act in the client’s best interest and will fleece their clients whether in a small amount or on a grand scale as some famous names such as Bernard Madoff. Phil Cannella explains that effective oversight could be of real value to the financial services industry. This is one of the reasons that Phil Cannella, as the CEO of Retirement Media, took Read More +
Phillip Cannella Blog: Phil Cannella Explains the Statutory Accounting System of the Insurance Industry
Phil Cannella – Phillip Cannella Blog: Phil Cannella is a very skilled and knowledgeable professional in the insurance industry having studied extensively on laws and regulations relating to retirement planning and other aspects of insurance over the last 40 years. Phil Cannella has made it his business to be a true industry professional so that he can continue to help seniors in every way he can to navigate through retirement. Phil Cannella explains that one of the key aspects of the insurance industry which makes the products Read More +
Phillip Cannella News: Phil Cannella Busts the Myth That Conservative Investments Are Safe for Retirees
Phil Cannella – Phillip Cannella News: Phil Cannella is asked this question all the time: “Since my pie chart distributions show that I’m diversified, I am safe right?” The truth of the matter is that you are not safe. In the end, a diversified pie chart still means that all of your investments are in stocks, bonds and mutual funds. While that is what you want when you are in your working years, it simply is not safe when you are in your retirement years and Read More +
Phillip Cannella Media: Phil Cannella Answers the Question: Are Securities Good or Bad for Seniors?
Phil Cannella – Phillip Cannella Media: Phil Cannella shows American retirees how to crash proof their nest egg so that their money will outlast them. He’s devoted his career to finding the best solutions for retirees because of the unfortunate events that took place within his own family. Phil Cannella reminds us that while we are taught to invest in the stock market over a long period of time (20-30 years) to come out ahead, what we are not taught is that if that money is Read More +
Phillip Cannella Blog: Phil Cannella Reveals Why Risk-Free Retirement Options Are Kept Secret
Phil Cannella – Phillip Cannella Blog: Phil Cannella isn’t afraid to expose the government when it comes to the financial health of seniors. He point out that huge numbers of baby boomers are now reaching retirement, and their collective assets are vital to the American economy because they help to fuel the backbone of our economy (the stock market). Since a sizeable percentage of the investments found in the stock market belong to Americans age 50 and up, Phil Cannella goes on to disclose that the Read More +
Phillip Cannella News: Phil Cannella Talks About the Many Faces of Risk
Phil Cannella – Phillip Cannella News: Phil Cannella has seen risk in many different ways. In this context I am referring to the different appearances that risk may exhibit and the different ways risk could impact you and your retirement. Phil Cannella says it like this, “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 down your account even Read More +
Phillip Cannella Blog: Phil Cannella Urges us to Follow a Road with Guardrails
Phil Cannella – Phillip Cannella Blog: Phil Cannella makes a great analogy between steering the path to financial well being and steering a car on a road. As Phil Cannella puts it, “Would you knowingly drive that beauty of a car of yours over a bridge that has no guard rails on a gusty day?” Your answer is more than likely “NO.” Phil Cannella goes on to say that you should consider handling your financial assets in much the same way. Having or moving your portfolio into Read More +
Phillip Cannella Media: Phil Cannella’s Testimonials
Phil Cannella – Phillip Cannella Media: Phil Cannella has a very rich library of testimonial of clients who are extremely happy with the performance of their accounts after working with Phil Cannella’s team. He has developed a system that can truly protect the assets of a person against potential losses. What Phil Cannella has done is isolate, among the many investment vehicles out there, which ones provide true safety while at the same time allow for growth. As is well known, the more risk-averse one is Read More +
Phillip Cannella Media: Phil Cannella Tells Retirees That It is Time To Wake Up!
Phil Cannella – Phillip Cannella Media: Phil Cannella urges retirees to challenge their Financial Advisors knowledge of IRA regulations and put their knowledge to the test to see what they know and don’t know. According to Phil Cannella, if a consumer is working with an Advisor who is not trained as a Retirement Phase Advisor it is very likely he or she will not get the best advice possible. Phil Cannella differentiates between the know-how a Accumulation Phase Advisor needs versus a Retirement Phase Advisor. These Read More +
Phillip Cannella Media: Phil Cannella, A Modern Day Robin Hood?
Phil Cannella – Phillip Cannella Media: Phil Cannella Phil Cannella is not too fond of the oppressive Wall Street big-wigs who take advantage of the uniformed in order to line their own pockets. It is for this reason that Phil Cannella works to empower the ignorant by providing his educational events at no charge. It is a sad commentary on our modern day civilization that vested interests work together in collusion to take advantage of those who don’t know. It takes someone like Phil Cannella, with Read More +
Phillip Cannella News: Phil Cannella Strikes At Dishonest Financial Professionals
Phil Cannella – Phillip Cannella News: Phil Cannella pulls the lies right out when it comes to exposing Wall Street. And Phil Cannella pulls no punches while doing so. He won’t stand by letting the American consumer be fleeced while dishonest financial professionals make a buck or two, or a million or two, while doing so. This goes against the very substance and belief system Phil Cannella built the Crash Proof Retirement System™ on. To quote Phil Cannella, “Conversely, in life or in one’s profession, being dishonest Read More +
Phillip Cannella Blog: Phil Cannella Elucidates on the Responsibilities of Wielding the Sword of Truth
Phil Cannella – Phillip Cannella Blog: Phil Cannella Phil Cannella has a system that he has built and refined over the years that is built on the very foundation of truth. But what does “wielding the Sword of truth” really mean? I think of a knight in shining armor gallivanting around the country side in days gone by. Is this what is meant? The answer to this question comes from Phil Cannella himself. He says, “Wielding the Sword of Truth means I always deal from a Read More +
Phillip Cannella News: Phil Cannella Says that the Stock Market is Stacked Against You
Phil Cannella – Phillip Cannella News: Phil Cannella points out that the threat of another market crash is imminent, always on the horizon, ready to strike and wipe out our savings. To give you the words of Phil Cannella himself, he says, “to the uninformed retiree who does not Crash Proof™ their retirement, the risk of jeopardizing their nest egg is a constant and palpable threat. Once disaster strikes, as it did in 1929, and more recently in 2007 and 2008, you can see that time is Read More +
Phillip Cannella Blog: Phil Cannella on the History of Financial Catastrophes
Phil Cannella – Phillip Cannella Blog: Phil Cannella has witnessed first-hand the devastation a market crash can have upon an individual or a family, and most especially a retiree. Phil Cannella points out that these market crashes are cyclical, meaning they occur again and again. In fact, in Phil Cannella’s book he makes this astute observation; “Despite these historic financial catastrophes, the stock market hasn’t evolved in a way that safeguards your retirement during economic downturns. There is no mainstream financial security model in that functions well Read More +
Phillip Cannella Media: Phil Cannella Tells Us Not to Let History Repeat Itself
Phil Cannella – Phillip Cannella Media: Phil Cannella is a man who is not about to let another market crash affect the wealth and savings of the American retiree. He is going to do all he can to prevent that history from repeating itself. Phil Cannella has much to say on this subject; “Since this calamitous event [1929 crash], our economy has experienced 15 stock market crashes, the most recent being the credit crisis and huge market drops of 2007 and 2008. In this and every instance, Read More +
Phillip Cannella Blog: Phil Cannella, The Senior Advocate
Phil Cannella – Phillip Cannella Blog: Phil Cannella proclaims to be a senior advocate. That begs the question, “What exactly is a senior advocate?” According to the dictionary, an advocate is one who publicly supports or recommends a particular cause of policy. This is exactly what Phil Cannella strives to be in respect to seniors in any way he can. Phil started his career as a senior advocate when he began selling nursing home insurance door to door. Seeing the need for seniors to protect themselves from Read More +
Phillip Cannella Media: Phil Cannella Goes Door to Door
Phil Cannella – Phillip Cannella Media: Phil Cannella launched his career in the insurance industry after witnessing what happened to his grandpa and the effects it had on his family when his grandpa needed nursing home care. As our elders age, their bodies get more and more frail, and in that frailty usual functions stop working. When this happens people need help. For many families, as occurred for Phil Cannella, the stress this puts on the rest of the family can be extreme. Who takes care of Read More +
Phillip Cannella News: Phil Cannella Pioneers Nursing Home Insurance
Phil Cannella – Phillip Cannella News: Phil Cannella is one of the true pioneers of nursing home insurance. To many, this type of insurance may sound foreign, that is because today this insurance is known as long term care insurance. Back in the day, almost 40 years ago now, Phil Cannella was alone on the stage promoting this product as a solution to a problem facing Americans as they age. Phil Cannella had witnessed the devastation caused to a family when someone was in need of some Read More +
Phil Cannella News: Phil Cannella Offers Advice to Advisors
Phil Cannella – Phillip Cannella News: Phil Cannella has long been in the business of helping retirees find safety and security with their retirement finances. Part of fulfilling Phil Cannella’s duties is to point out flaws within their current financial strategies that he feels is preventing them from making the most of their savings. As a result, Phil Cannella is often opposing the advice of other financial advisors that have placed consumers into the wrong investments. To fit into his business model of education, Phil Cannella Read More +
Phil Cannella Media: Phil Cannella is a Message
Phil Cannella – Phillip Cannella Media: Phil Cannella has sacrificed his birth-given name to his cause. The name Phil Cannella has become more than just the name of a man who has led a career in retirement financial services, it is a message of hope and change. Phil Cannella has led a crusade against Wall Street and the financial services industry as a whole, trying to rid it from the abundance of greed and corruption that has overtaken it. Along this crusade, Phil Cannella has staked Read More +
Phil Cannella Blog: Phil Cannella Invests at Both Ends of the Life Cycle
Phil Cannella – Phillip Cannella Blog: Phil Cannella is most recognized as one of the nation’s leading retirement experts (Phil Cannella) and consumer advocates. Although Phil Cannella has earned a noteworthy reputation within the senior community, as he has dedicated his career to providing an honest education for retirees, he is also gaining a reputation with a much younger demographic. Phil Cannella focuses most of his charitable efforts towards providing aid for America’s youth. Phil Cannella has found that the Children’s Hospital of Philadelphia has been Read More +
Phil Cannella News: Phil Cannella Headquarters in King of Prussia
Phil Cannella – Phillip Cannella News: Phil Cannella chose King of Prussia, Pennsylvania, as the headquarters for his one-of-a-kind consumer Phil Cannella advocacy facility. Complete with a state-of-the-art TV and radio production studio, equipped with a prestigious media crew and world-class journalists, Phil Cannella has built an impressive foundation for what is becoming a nationally recognized brand, Retirement Media Inc. King of Prussia has proven to be an excellent location for the workings of Phil Cannella. Located not far from where he grew up, Phil Cannella Read More +
Phil Cannella Media: Phil Cannella Gives his Clients a Voice
Phil Cannella – Phillip Cannella Media: Phil Cannella built a state-of-the-art TV and radio production studio to expand Phil Cannella’s role as the Founder and CEO of Retirement Media Inc. This studio has aided in the creation of many consumer alerts sent through the CBS Radio Network, as well as many video productions seen on various networks. Phil Cannella has managed to utilize this production studio in ways never before seen. All clients and consumers that come through the Crash Proof Retirement™ headquarters are given the Read More +
Phil Cannella Blog: Phil Cannella Funds his Own Mission
Phil Cannella – Phillip Cannella Blog: Phil Cannella has been a recognized voice in the Delaware Valley since 2008 due to his popular radio show, The Phil Cannella Crash Proof Retirement Show®. Although his show has the same popularity of your run-of-the-mill for-profit media production, very few realize that Phil Cannella funds his own show. The Crash Proof Retirement Show® does not accept commercial funding from outside sponsors. The sole reason for Phil Cannella’s unorthodox radio programming is because he has made a promise to keep Read More +
Phil Cannella News: Phil Cannella Finds Accountability Through Interviews
Phil Cannella – Phillip Cannella News: Phil Cannella has positioned himself as a source of information for retirees across the country who are seeking an honest answer to the many obstacles in retirement. In recognition of this huge responsibility to America’s retirees, Phil Cannella has found accountability in his role by seeking the support of the nation’s most respected experts by way of interview. Whether it’s an issue of the housing market in America, or the best way to claim social security, Phil Cannella no longer Read More +
Phil Cannella Media: Phil Cannella Encourages Women to Get Involved
Phil Cannella – Phillip Cannella Media: Phil Cannella is not the first to point out that there is a growing need for women to get more involved with the household finances, but he is one of the loudest voices when speaking about the subject. Each weekend, Phil Cannella takes to the airwaves by way of his popular radio show, The Crash Proof Retirement Show®. On this show, Phil Cannella covers the topics today’s retiring consumer needs to hear about, discussing everything from healthcare to investment strategies. Read More +
Phil Cannella Interviews Andrew Huszar: Part 12
Phil Cannella – Phillip Cannella News Phil Cannella: “Professor Huszar, what should Phil Cannella: Professor Huszar, what should the everyday investor do to protect their assets?” Andrew Huszar: “I definitely think we need to be prudent about financial assets and financial asset management, and I think it’s really important that your listeners find someone who can help them manage their assets in a conservative but effective way.” Phil Cannella: “What changes to the financial system in this country would make planning for retirement easier on Read More +
Phil Cannella Interviews Andrew Huszar: Part 11
Phil Cannella – Phillip Cannella News Phil Cannella: “Are we simply pushing off our current economic issues and saving them for later?” Andrew Huszar: “I would go back to the story that I painted before – from the 1980s onward, Wall St. becoming a much bigger part of the economy and then when the crash happened in 2008, the U.S. Government, particularly The Fed, stepping in and taking on a lot of the role of Wall Street. So now we keep on doubling down on Read More +
Phil Cannella Interviews Andrew Huszar: Part 10
Phil Cannella – Phillip Cannella News Phil Cannella: “Do you think The Fed will continue this Quantitative Easing or is there an end in sight?” Andrew Huszar: “I think The Fed’s going to keep on buying. You know I think we have an addiction problem right now, and unfortunately we had a bad moment five years ago and we basically doubled down on the addiction. I think that correction’s coming. I tend to think it’s probably a longer term thing, and one of the reasons Read More +
Phil Cannella Interviews Andrew Huszar: Part 9
Phil Cannella – Phillip Cannella News Phil Cannella: “How important is it to discuss the nation’s economic situation in a public forum? For example, on CNBC?” Andrew Huszar: “I will say this:One thing I’ve loved about what’s happened is that we do live in the greatest country in the world. I wrote this piece, which is very critical about the government and about what we’re doing, and I’ve been able to go on and speak about it. In fact, a lot of these shows had Read More +
Phil Cannella the Educator
Phil Cannella – Phillip Cannella News Phil Cannella: “Education is not preparation for life; education is life itself.” These are famous words of John Dewey, a noted American philosopher of the 19th and 20th century. Words like these couldn’t be more true. When we stop learning, when we stop trying to discover something new, when we stop educating ourselves, what is left to life? Moreover, by educating an individual you are giving him the power to make his own decisions. This is one of the central Read More +
Phil Cannella Goes Down to Washington
Phil Cannella – Phillip Cannella News Phil Cannella: I believe it was Theodore Roosevelt who said “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.” There is one unmistakable attribute of Phil Cannella, he will never do nothing. Standing by the sidelines while someone gets hurt goes against his grain. You won’t see that with happening with Phil Cannella around. And so Read More +
Phil Cannella Interviews Harry Dent
Phil Cannella – Phillip Cannella News Phil Cannella: For any of you who do not know, Harry Dent is a renowned economist and best-selling author who uses the science of demographics to predict future market events. With uncanny accuracy he predicted the 1990-92 recession; the biggest bull market run in U.S. history and the most recent 2008 credit crisis. Phil Cannella, in his drive to educate our consumers, conducted an interview with Mr. Dent on our current economy, where it is heading and what we Read More +
