Phil Cannella – Phillip Cannella in the News: Phil Cannella Says Don’t Let a Locust Eat Your Financial Crops

Phil Cannella – Phillip Cannella News: Phil Cannella is sharp to point out that financial predators, those with vested interests who are in a position to manipulate the markets, through market crashes can wipe out much of your nest egg in one short breath. This is why Phil Cannella urges us to look outside the box and instead at products that can secure us a safe retirement.

Phil Cannella likens this to a locust devastating a crop; “In theory, retirement can be regarded as one’s harvest years. It is during this time of retirees’ lives that they should be able to ‘reap’ during retirement what they have ‘sown’ during most of their adult lives. But it’s difficult to reap what you’ve sown if a horde of locusts has come along and devoured your crops. Sure, you can re-plant, but it will take time to grow back what you’ve lost – and you need those crops to eat. It’s the same with your retirement savings. You’ve worked and saved, and now you will be drawing down those savings to meet your expenses or fulfill your dreams. And you can’t do that and grow your nest egg back from a market crash at the same time. All too often those in the harvest years of their lives simply can’t wait for their financial crops to grow back. And the older you are the less time you have to regain that lost ground.”

Hence Phil Cannella exhorts us to look at an industry grounded in safety; the life insurance industry which offers safer vehicles. Vehicles that are not susceptible to market crashes, ones that allow you to sleep with the certainty that your nest egg will never decrease in value.

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  • Phil Cannella

    Phil Cannella – Champion of Consumer Advocacy
    With the uncertainty and volatility of the market, Phil Cannella, with First Senior Financial Group, prides himself on ensuring a safe retirement future for senior consumers. With an unparalleled devotion to educating seniors, Phil Cannella works endlessly to know and understand the ever changing tax laws and economic changes that can adversely affect one’s nest egg. Thousands of senior citizens have gone through First Senior Financial Group’s education process and learned how to have up to an 85% tax free retirement income.
    As if that isn’t reason enough to respect Phil Cannella, the truly amazing thing about how he runs First Senior Financial Group is that he never takes a dime from the seniors who come to him to be educated. Everything he teaches and everything he offers comes free of charge. That is the true mark of a consumer advocate, someone who cares enough to help you without asking for anything in return.

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