Category Archives: Phil Cannella Media

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 +

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 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 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 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 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 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 +

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 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 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 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 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 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 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 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 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 +

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 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 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 +