Things To Consider Before Buying a Home During Retirement

Downsizing is a great way to save some money and improve your finances during retirement.  If you actually look at your numbers, is it really going to save you money?  After moving costs, taxes, closing costs, etc., it’s still going to be expensive. Here are a few things that you should think about before downsizing and buying a new house during retirement.   Will the mortgage payment hurt your budget?  Most retirees are already on a tight budget during retirement.  To accommodate this with the Read More +

Best Place to Retire in America

With the temperatures in most of the country still relatively cool, it’s easy to wish for warmer, sunnier weather to come faster. This is especially true if you’re retiring soon. If you’re approaching retirement and you’re looking for a place to retire that are a little warmer, these are the places for you. If you want sun 90% of the year, the city for you is Yuma, Arizona. Yuma is the sunniest place in the United States. According to the National Climatic Data Center, while Read More +

Phil Cannella’s Path to Crash Proof Retirement

Coming from a humble beginning, Phil Cannella spent years going door to door pioneering nursing home insurance-now known as long term care insurance.  Phil chose this profession after the untimely passing of his grandfather due to a stroke. During this time Phil Cannella was shocked to see the ensuing medical care and associated costs dwindle the family’s savings down to just about nothing. Phil himself was forced to drop out of college to help pay the mounting medical bills.  Inspired by the tragedy of his Read More +

Phil Cannella Crash Proofs the Retirement of Stephen and Sandy Desirey

The exclusive Crash Proof Retirement System, created by Phil Cannella, has helped Crash Proof the retirement nest-eggs of thousands of people in or near retirement and secure their retirement futures; Stephen and Sandy Desirey of Skippack, PA. are Crash Proof Consumers. Stephen Desirey is a retired chemical engineer, and his wife Sandy heard about the proprietary Crash Proof Retirement System back in 2010. Unhappy with the advisor they had at the time, the Desireys decided it was time for a change. Stephen and Sandy knew Read More +

Phil Cannella Explains Long-Term Care Home Modifications

Phil Cannella recognizes that many people, as they age would rather stay at home than move into a nursing home or assisted living facility. It is a truly personal decision. Whether you have a long term care insurance policy or not, home health-care is an option and most long-term insurance policies today provide for coverage of home health care services. Phil Cannella is a long-time senior advocate and says that there are factors for seniors to consider when deciding whether to stay at home when Read More +

Phil Cannella Explains Term Life Insurance

Phil Cannella explains that there are many different types of life insurance available on the market. There’s term life, whole life, universal life, variable life and combinations of each of these in one form or another. Phil Cannella isn’t too fond of the complexity of products that consumers face today in making a decision on their life insurance needs. Phil Cannella makes insurance very easy to understand and breaks it down into simple and easy to understand parts. While Phil Cannella makes the point that Read More +

Phil Cannella is a Financial Lifesaver

Phil Cannella doesn’t look at himself as a financial professional, but rather a financial lifesaver. Imagine you were at the beach and someone was drowning as the waves came up and down beating down upon him or her. Out jumps the lifeguard and brings the person to safety and to the secure footing known as the shore and provides whatever medical actions may be necessary to ensure his or her survival. This is much like Phil Cannella’s proprietary Crash Proof Retirement System. You don’t want Read More +

Phil Cannella Sees Signs of Rising Risk in Bonds

Most people today cannot even recall the last bond bear market. It goes back many, many years. Phil Cannella explains that when interest rates fall, the value of existing bond positions goes up. Conversely, when interest rates rise, investors can get a better paying bond today than they could yesterday, so anyone who has been holding a bond may see its value drop. Phil Cannella goes on to elaborate that many investors have bonds in their portfolios as part of a fixed income class of Read More +

Phil Cannella Says Get Off the Market

Phil Cannella repeats the age old adage of investing: “buy low & sell high.” Markets reached an all-time high a few months ago and investors, feeling bullish stayed on the market in the hopes of making even more and riding the wave only to see the markets tumble in just a few weeks by 10% – 20%. In the last week, markets have seen increased volatility with big drops in the Dow, S&P 500 & NASDAQ. Phil Cannella insists that now is the time to Read More +

Phil Cannella Warns of Bear Market

Phil Cannella is a man who speaks always in terms of truth and logic. It is for good reason he has become one of the country’s leading financial/retirement professionals who has navigated his client’s portfolios to above average gains and without losses. Even the traditional insurance agent trying to pitch one or two products might boast about principal protection but they cannot speak to real gains at the same time. In contrast, Phil Cannella has a history of ensuring real growth for his client’s accounts Read More +

Phil Cannella Educates Women on Retirement Finances

Phil Cannella has seen far too often that the man (or husband) in a relationship traditionally handles the finances more so than the woman or wife. And more often than not, the wife is left clueless as to the position of the family’s assets and the full retirement plan. So it is actually quite sad when a husband passes away and the surviving widow is left scrambling to try and figure out what to do next with the nest-egg and the retirement plans. It is Read More +

Phil Cannella Says Crash Proof Your Retirement

Phil Cannella likes to point out at his exclusive Crash Proof Retirement Educational Events: “There’s no lack of articles written about reaching retirement, enjoying retirement and what to do in retirement. But when was the last time you read about any one Crash Proofing your retired years?” You just don’t see much written about the topic of “Crash Proofing Your Retirement” and the reason is: Wall Street is just not rigged that way. Wall Street is designed for those in their younger years who can Read More +

Phil Cannella Protects Widows from Financial Devastation

Phil Cannella has come to the rescue of hundreds of women who have lost their husbands. These are widows who have not only been left emotionally devastated by the deaths of their respective spouses, but were completely overwhelmed by the thought of piloting the family finances. This difficult issue hits right at the very core of Phil’s principles and beliefs, and “how and why” he created the exclusive Crash Proof Retirement System. Phil Cannella has had experience with many families, where the husband was so Read More +

Phil Cannella Addresses Stock Market “Corrections”

Phil Cannella has said again and again that the mainstream media has a vested interest in the stock market and it is unlikely that any investor is going to get the real truth about the market listening to the mainstream media machine that day in and day out are doing their part to paint a rosier picture of the market than what truly is. “Why should they?” asks Cannella. With most media companies, themselves owned by publicly traded conglomerates, it hurts their own bottom line when investors Read More +

Phil Cannella Says Buy Low, Sell High

You would think people would listen to reason, yet despite truth and logic staring us in the face, more often than not, people invest based on some feeling rather than with science and logic. Phil Cannella has been saying for years now what many industry icons have repeated stated: “Buy Low and Sell High.” Yet it seems like the everyday investor is too gullible and thinks that the highs would go on and on and on and on. Phil Cannella predicted the recent market correction. Read More +

Phil Cannella Explains His Consumer Oriented Process

In testament to Phil Cannella’s work as a consumer advocate, he put in place a system that ensured that all those who came to get information about the proprietary Crash Proof Retirement System would get only the best service and recommendations that were best suited to their needs. Phil Cannella explains that the first aspect of his process is one of discovery. One where it is incumbent on the financial professional sitting with a client to understand the client’s needs, their goals, their desires and Read More +

Phil Cannella Testimonial: Al Butikis

Phil Cannella’s one-of-a-kind Crash Proof Retirement System has helped thousands of people in the Philadelphia area secure their retirement futures. Today, we meet Al Butikis of South Philadelphia. Al has been Crash Proof since 2007. Al is a retired welder who spent years investing his retirement nest egg. Al had some more traditional investments as well, such as savings and checking accounts and CDs. But in all those cases, Al’s returns weren’t providing him with peace of mind about his future. Truth be told, Al was Read More +

Phil Cannella’s Crash Proof Retirement System Offers Peace Of Mind

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 System is often imitated, but never duplicated. On last Saturday’s Crash Proof Retirement Show, Phil Cannella and Joann Small discussed the role that peace of mind plays in the exclusive Crash Proof Retirement System. Crash proof Retirement is so Read More +

Phil Cannella Creates A Crash Proof Retirement For Catherine Hayes

Phil Cannella founded the Crash Proof Retirement System to help people in retirement achieve security and peace of mind. There may be no finer example of the system’s benefits than the story of Catherine Hayes of Williamstown, N.J. When Catherine’s husband passed away several years ago, she faced the worst nightmare of most widows—she was all alone with the family finances and had no experience in handling such matters. Catherine’s husband had handled all the financial matters—as is the case with so many married couples Read More +

Phil Cannella Testimonial: Manus and Savannah McHugh

Phil Cannella’s Crash Proof Retirement System has protected the futures of thousands of area consumers. Manus and Savannah McHugh of Lansdale, Pa. are the latest examples. When the McHughs first came to Crash Proof Retirement in 2010, they expressed something of a rare concern. Savannah McHugh explained. “We both come from families that have longevity,” she said, “and my concern was outliving our funds. Everybody talks about ‘What happens if I die?’ My concern was, what happens if we live?” Both McHughs had enjoyed productive Read More +

Phil Cannella Creates A Crash Proof Retirement For Dom And Linda Magazu

Phil Cannella’s trademarked Crash Proof Retirement System has helped thousands of people to secure their retirement futures. Today, we focus the Crash Proof Retirement spotlight on Dom and Linda Magazu of Gibbstown, N.J. Years before coming to Crash Proof Retirement, the Magazus were courted by a securities advisor—with disastrous results. “We went with a firm that turned out to be a complete fraud,” lamented Dom Magazu. “They got us to turn over all of our funds to them… and then we never saw any of that Read More +

Phil Cannella Answers Tough Questions For Retirees

Phil Cannella Finds His Calling 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 Crash Proof Retirement System. The fallout from the 2001-2002 stock market Read More +

Phil Cannella Discusses Growing Debt Crisis on The Crash Proof Retirement Show

The Crash Proof Retirement Show Phil Cannella discussed the growing problem of margin debt in our country—and what makes this increase so dangerous to investors on last week’s edition of the Crash Proof Retirement Show. Phil Cannella explained the debt cycle and how it tends to predict impending market corrections or crashes. Last week, Business Insider reported the final numbers from April—when margin debt reached $500 billion for the first time in history. Aside from being an all-time record, that figure also means that margin Read More +

Phil Cannella Testimonial: Dr. Ken Smith

Phil Cannella Protects Another Consumer 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 Dr. Ken Smith. Dr. Smith works as a dentist and has had a Crash Proof Retirement for the past five years. As you can imagine, working as a dentist requires a fiduciary responsibility, meaning that Dr. Smith puts his patients’ needs before his own. Unfortunately, that responsibility can be taken for granted. Read More +

Phil Cannella Builds A Career of Consumer Advocacy

Phil Cannella has spent his entire adult life working to protect everyday Americans from the same fate that befell his beloved grandfather. Phillip Cannella III was still a teenager when his grandfather, Phil Cannella Sr., retired in 1974. But a few short months later, tragedy would strike at a most inopportune time. Phil Cannella’s career got its start after the untimely passing of his grandfather following a massive stroke. Phil’s grandfather had retired shortly before his stroke, but the ensuing medical care and associated costs Read More +

Phil Cannella Protects Retirees Through The Insurancee 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, as Phil Cannella and his co-host Joann Small pointed out on last week’s Crash Proof Retirement Show, the choice is simple—avoid risk investments, and the industry that houses them, like the plague in your retirement years. “The Crash Proof Retirement System does not utilize securities,” emphasized Phil Cannella. The economic turbulence Read More +

Phil Cannella Testimonial: Stephen and Sandy Desirey

Phil Cannella created the Crash Proof Retirement System in the interest of protecting the nest eggs and retirement futures of Baby Boomers like Stephen and Sandy Desirey of Skippack, Pa. Stephen Desirey, a retired chemical engineer, and his wife Sandy heard about the Crash Proof Retirement System back in 2010. Unhappy with the advisor they had at the time, the Desireys decided it was time for a change. Stephen and Sandy knew they wanted to find a way to invest their money without the risk Read More +

Phil Cannella Features Experts On The Crash Proof Retirement Show

Phil Cannella stands for truth in his business and personal dealings, and as such finds himself personally offended when large corporations defraud, fleece and otherwise commit wrongdoings against American consumers. Recently, he found a like-minded colleague in Professor Brandon Garrett of the University of Viriginia, who authored Too Big To Fail: 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 fines, and avoiding legal sanctions entirely—to say Read More +

Phil Cannella Stands In Contrast To The Financial Industry

Over his 40-year career in the insurance industry, 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 are working primarily for their own financial gain over those of the people they serve. This is unfortunately the state of affairs Read More +

Phil Cannella Becomes The Face of Consumer Advocacy

Phil Cannella’s career has been highlighted by his determination to bring a higher standard of professional responsibility to the financial industry. The battle over fiduciary duty has been his most important mission to date. The Wall Street environment is a perfect example of the ‘every man for himself’ approach. Financial professionals are all too willing to take advantage of oblivious consumers, while industry insiders are work solely for their own personal financial gain, with little regard for the people they serve. By contrast, Phil Cannella stands Read More +