Category Archives: Truth Phil Cannella
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 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 +
