Category Archives: Phil Cannella news
Best cities in which to retire
Picking a place to retire to is a hard decision. You have to think about where you currently live, where you want to be, healthcare, and how far away you want to be away from your family. Milken Institute ranked the top 100 cities in America that mark the best opportunities for retirees and narrowed it down to the top 10 best places for those who are 65 years and older. Here are a few from the list. Madison, Wisconsin. Madison, Wisconsin is the number Read More +
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 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 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 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 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 +
Phil Cannella Interviews Leading Experts
Crash Proof Retirement Founder Phil Cannella is on a quest to provide Truth to the American Retiree. At each Crash Proof Retirement Educational Event, Cannella educates hundreds of Philadelphia-area residents on safe alternatives available outside of Wall Street. Each Crash Proof Retirement educational event is a unique event, where Phil Cannella uses diverse examples and anecdotes to illustrate the twists and turns of the financial industry. But every Crash Proof Retirement educational event has at least one thing in common—at or near the beginning of the session, Read More +
Phil Cannella Crusades Against Media Misinformation
Since founding Retirement Media Inc. in 2012, Phil Cannella has been on a mission to free the everyday American from the misinformation and biased commentary of the mainstream media. When it comes to retirement-specific advice, Phil Cannella has found the research and information put forth by such media outlets to be lacking, misleading and just plain wrong. Phil Cannella discussed the latest example of this glaring shortcoming on last weekend’s Crash Proof Retirement Show. “The mainstream media is confused,” Cannella told the listening audience as Read More +
Phil Cannella Educates Retirees on Safe Alternatives
Phil Cannella explained the wonders that the Crash Proof Retirement System can perform for people in or near retired years on Saturday’s Crash Proof Retirement Show —then welcomed some Crash Proof clients to prove it! “As consumer advocates, Joann Small and I are determined to educate people in or near retired years,” Phil Cannella told the listening audience. “The Crash Proof Retirement System is guaranteed to protect your retirement nest egg against a market crash or downturn—yet it still allows for the potential of double-digit Read More +
Phil Cannella Fights Deception With Truth
Phil Cannella has the power and strength of the sword of truth behind him. It is the very strength inherent in this sword and it is the power it bestows upon he who wields it, that requires that someone with high integrity, ethics and morals use it for the betterment of all and not just the betterment of one. Bringing truth to the American retiree is a mission Phil Cannella has taken upon himself. This began many years ago when he brought solutions to seniors Read More +
Phil Cannella And The Journey To Crash Proof Retirement
For almost 40 years, Phil Cannella has worked tirelessly to safeguard and protect the nest eggs of Americans in or near retirement. In order to accomplish this, Phil spent years selling nursing home insurance—now known as long-term care insurance. Phil Cannella started his career 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 dwindled the family’s savings down to almost nothing. Phil himself was forced to drop Read More +
Phil Cannella Speaks about Advisor Driven Investments – Phil Cannella Blog
Phil Cannella • Phillip Cannella Phil Cannella – Phillip Cannella Blog: Phil Cannella often says, ”maybe there’s a reason the root word in ‘broker’ is ‘broke.’” Phillip Cannella • Phil Cannella As a retired person, you have two types of financial vehicles available to you. Once you understand them both, it’ll be clear which one you want. Brokerage-driven financial vehicles are products that financial advisors endorse, recommend, direct and protect to no end. Because they are securities-based, your assets remain susceptible to market downturns. Financial advisors Read More +
Phil Cannella Says Don’t Get Broadsided by the Costs of Aging – Phil Cannella Blog
Phil Cannella saw the financial devastation Phil Cannella Events: Phil Cannella saw the financial devastation that occurs when a loved one is in sudden need of some form of long term care. When Phil Cannella was a young man, his grandpa suffered a stroke and was in need of care in a nursing home. Back then, some forty years ago or so, the mounting bills being incurred were too great and everything his grandpa had lived for and accumulated over the years was suddenly whisked away Read More +
