Category Archives: Phillip Cannella

How the Brexit Vote Affected Your 401(k)

If you haven’t checked your online 401(k) account after the Brexit vote, you probably should consider a status check. Headlines have been all over the news saying that stocks around the world are experiencing sell-off because of the Brexit. The Brexit wasn’t a good thing for investors, and it definitely scared a lot of them. If you have a high allocation of stocks overseas, it’s especially scary. However, some financial experts are saying not to worry about your 401(k). 401(k) s are supposed to be Read More +

What to Do Now That You Qualify for Medicare

If you’re getting close to the retirement age of 65, then you’re definitely not alone. Between now and 2030, 10,000 individuals will turn 65 year old- every day! So now it’s time to sign up for Medicare. But Medicare produces many, many questions for a lot of individuals. So here are some things that you should know before/while signing up for Medicare. You are able to sign up for Medicare the moment you turn 65. And you can’t drag your feet either; because any delay Read More +

Phil Cannella Crash Proofs the Retirement of Shirley White

The exclusive Crash Proof Retirement System, created by Phil Cannella, has helped thousands of people secure their retirement futures. That includes Crash Proof Consumer Shirley White, a retired nurse from Blue Bell, PA. Shirley came to Crash Proof Retirement after listening to The Crash Proof Retirement Show, heard weekly on 1210 AM WPHT in Philadelphia and 1290 WJNO in West Palm Beach, Florida. Watch Shirley White’s Crash Proof Retirement testimonial below. One of the biggest highlights of Shirley’s proprietary Crash Proof Retirement System was the Read More +

Phil Cannella Talks Consumer Protection with Leading Consumer Advocate

Phil Cannella, host of the Crash Proof Retirement Show & founder of the proprietary Crash Proof Retirement System conducted an exclusive interview with Barbara Roper– the Director of Investor Protection for the Consumer Federation of America. Ms. Roper’s appearance on The Crash Proof Retirement Show paralleled her impressive career spent thoroughly dedicated to consumer advocacy causes. As a member of AARP’s “Money-After-50” program she has worked hard to benefit older Americans and specifically, people in or near retirement. Barbara Roper is also the nation’s leading Read More +

Phil Cannella Helps Women In Retirement

Phil Cannella and Joann Small continue to stress how important it is for women to be educated on retirement issues. With everything our mothers do for us throughout our lifetimes, we all want to see them enjoy their golden years to their fullest extent. Part of that is spending time with the grandchildren, but an equally important element is assuring their financial security in retirement. Joann Small-President and CEO of First Senior Financial Group (home of the exclusive Crash Proof Retirement System) & co-host of Read More +

Phil Cannella Explains What to Consider Before Purchasing Long-Term Care Insurance

Phil Cannella is a seasoned professional in the insurance industry, and a man who has spoken to thousands upon thousands of consumers about long term care insurance. He says there are a number of factors one must consider when looking at taking out a long term care insurance policy. For example, Phil Cannella says that you shouldn’t buy more insurance than you think you may need. If you have enough income to pay a portion of your care costs then you may only need a Read More +

Phil Cannella: A Pioneer in Crash Proofing Retirements

In the 1970s Phil Cannella was a pioneer in developing long-term care insurance, which today helps millions of retired people afford the continuing medical care they need. Phil Cannella chose it as a career after seeing first-hand what could happen to a family if someone needed nursing home care but couldn’t afford it. It’s exactly what happened to Phil Cannella’s grandfather when he was a young man and it had a lasting effect. Phil saw that he could help other families by providing a solution Read More +

Phil Cannella Exposes the Risks of Variable Annuities

Phil Cannella makes it crystal clear that if there is any one single investment that has no place in a Crash Proof Retirement System, it is the Variable Annuity. A variable annuity is subject to market volatility in such a way that if the markets tank or merely goes through a “correction” the variable annuity loses value. Unlike other types of annuities, Variable Annuities have many hidden fees that are charged to the account regardless of the performance of the underlying investment fund. Annual fees Read More +

Phil Cannella tells Retirees Not to Rely on Social Security

With the recent passing of the bipartisan budget deal by congress, numerous changes have been made to Social Security claiming strategies to effectively reduce benefits in order to close what some term as “loopholes”. Whether these were in fact loopholes or not is another question. The point is; we have to make is that we must consider just how much we should rely on Social Security as part of a retirement plan. If the changes were not enough, the fact also remains that 2016 will Read More +

Phil Cannella Explains His Philosophy

Phil Cannella is not just a man of finance but a person who seeks to help others facing retirement in every way possible. In his book; Crash Proof Retirement, The Planning Isn’t Over, Phil Cannella explains and reviews several very fundamental philosophies. One of these is that we should learn from the past and never let history repeat itself. By doing so, we can better control our future and thereby live a better life. As Phil Cannella explains, a brief study of the history of Read More +

Phil Cannella Talks Guarantees from Insurance Industry

Phil Cannella recognized long ago that the financial industry lacked any semblance of truth and one of the reasons many retirees lost so much money in each of the last several market crashes of the past decade was the misinformation given by mainstream media that led to people investing in the market. In contrast, Phil Cannella sought to shed some light on the financial industry through his exclusive Crash Proof Retirement Educational Events, where he educates the everyday consumer on the little known, important bits Read More +

Phil Cannella Expertise Praised by Clients

It is one of the most distinctive features of Phil Cannella’s Exclusive Crash Proof Retirement System. Every consumer who comes in for the educational process, regardless of their net worth, is treated with the same attention and respect. Each person who walks through the doors of First Senior Financial Group (home of the proprietary Crash Proof Retirement System) is given the same level of  service as the next client. Each is educated in exactly the same way in order that they can make their own Read More +

Phil Cannella Talks About Safe Alternatives to Wall Street

Phil Cannella spent many years developing the proprietary system he uses to help seniors safeguard their financial futures. It is known today as the Crash Proof Retirement System and is an exclusive system used by First Senior Financial Group, the company Phil founded many years ago. What Phil Cannella had witnessed in 2002 and again in 2008 when the stock market crashed is something he vowed to prevent in any and every way he could. He saw so many investors lose what they had worked Read More +

Volkswagen’s Stock Value Alarms Phil Cannella

Perhaps it is now long forgotten, but as recent as the last major stock market crash in 2008/2009, Phil Cannella saw some of the largest U.S. firms, true icons of the “strength” of the American economy, come to a complete collapse. He witnessed General Motors, who filed for bankruptcy and left all stockholders and bondholders empty handed. Yet this firm and others like it received a nice bailout from the federal government, reappeared on the stock market under a new ticker, and landed huge profits Read More +

Phil Cannella, Helping Lives One at a Time

When we look over the financial services industry you have to search hard and long to find an investment manager, investment advisor or other financial professional who truly stands by his clients working purely and only in their client’s best interest. Too often a financial professionals’ mind and judgment is warped by higher commission paying products that are better for themselves but not for the person or investor who has laid faith and trust in them. This is what separates out Phil Cannella from the Read More +

Here’s Why Women Need to Save More Money Than Men

Everybody works towards a smooth and comfortable retirement through saving money, paying taxes and monitoring personal investments. The everyday American expects to retire around the 65th year of life, however, the playing field may not be as even as once speculated among male and female retirees. Although both men and women face similar retirement-savings challenges and obstacles, the challenges we face are more frequent for our female counter-parts. To have a half decent level of income in retirement years, females, on average, who already are Read More +

Phil Cannella Dedicates Crash Proof Retirement Show to 4,000+ Consumers

Last week’s edition of the Crash Proof Retirement Show was dedicated to the 4,000+ area consumers who have achieved a Crash Proof Retirement. Phil Cannella and Joann Small briefly discussed the first major event of the 2016 Presidential election season. On the heels of last Thursday’s debate among the top contenders for the Republican nomination, Phil Cannella said he liked a lot of what he was hearing. “Don’t you think if we could take a particular ingredient from each of the candidates, you might come up Read More +

Phil Cannella Encourages Retirees To Avoid Securities

Phil Cannella Stands Against Wall Street Culture Last week on The Crash Proof Retirement Show, Phil Cannella and co-host Joann Small discussed the dangers of securities for people in retirement, while highlighting some alternative investments in the form of Crash Proof vehicles that are not subject to market risk or fees. First Senior Financial Group is the home of the exclusive Crash Proof Retirement System, which operates under a fiduciary responsibility to every one of our clients. That means the client’s best interest is the Read More +

Phil Cannella Explains Greece’s Domino Effect

Phil Cannella reports on the breaking news that affects the U.S. and world economies on The Crash Proof Retirement Show. This week was no exception, as Phil Cannella and co-host Joann Small discussed the ongoing 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 Read More +

Phil Cannella Creates A Crash Proof Retirement For Manus and Savannah McHugh

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 Manus and Savannah McHugh of Lansdale, PA. 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 Read More +

Phil Cannella’s Crash Proof Retirement System: Shirley White

Phil Cannella Gets Shirley White Started With A Crash Proof Retirement Phil Cannella’s trademarked Crash Proof Retirement System has protected the nest eggs of thousands of area consumers. One of the most recent success stories belongs to Shirley White of Blue Bell, Pa. Shirley came to Crash Proof Retirement after listening to The Crash Proof Retirement Show, heard weekly on 1210 AM WPHT each Saturday and Sunday. “I liked what they said about double-digit returns—[the possibility for] 14, 16 percent returns,” said Shirley. Shirley described Read More +

Phil Cannella Provides A Safe Haven During Market Downturns

When Phil Cannella educates investors at Crash Proof Retirement educational events, one surefire way to get their attention is to ask this 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 to create the Crash Proof Retirement System, a proven means Read More +

Phil Cannella Interviews The Experts

This Week’s Crash Proof Retirement Show Phil Cannella often interviews industry experts on The Crash Proof Retirement Show, but this past week he welcomed a guest with some very familiar qualifications and a mission not unlike his own. Phil Cannella had the opportunity to interview Barbara Roper, the Director of Investor Protection for the Consumer Federation of America. Ms. Roper’s appearance on The Crash Proof Retirement Show was a natural fit, as she has spent her career thoroughly dedicated to consumer advocacy causes, including those Read More +

Phil Cannella Combines Fiduciary Duty and Consumer Advocacy

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 Interviews Experts On Crash Proof Vehicles

As Crash Proof Retirement Founder, Phil Cannella travels throughout the tri-state area to educate people in or near retirement on safe alternatives available outside of Wall Street. While each Crash Proof Retirement educational event is a unique event, chances are if you’ve attended an event, you’ve heard Phil Cannella make one strong, declarative statement. “My name is Phil Cannella, and I say the financial industry is stacked against you, the everyday American investor.” Throughout the event, Cannella uses a series of examples and anecdotes from Read More +

Phil Cannella Prevails Over Unscrupulous Competitors

Phil Cannella, as an insurance and financial professional for almost forty years, has helped tens of thousands of consumers protect themselves against the risks they face as they head into retirement. His Crash Proof Retirement System is a testament to this very mission in that he has devised a means to protect the nest egg of an individual or family from stock market volatility. Speaking to any of his thousands of clients, you will find a common thread among them all, not one single one 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 and Crash Proof Retirement Celebrate CHOP’s Child Life Month

Phil Cannella, Joann Small and Crash Proof Retirement are proud of their association with Children’s Hospital of Philadelphia. March is Child Life Month at The Children’s Hospital of Philadelphia (CHOP), and the Hospital is celebrating with this video from their Child Life, Education and Creative Arts Therapy department! Crash Proof Retirement stands alone as the largest single donor in the history of the WOGL Loves Our Kids Radiothon, dating back to 2010. This past December, Phil Cannella and Joann Small donated another $50,000 to CHOP, pushing Read More +

President Obama Validates Phil Cannella and Crash Proof Retirement

The President of the United States echoes Phil Cannella’s message on fiduciary duty. Every weekend, Phil Cannella and Joann Small host The Crash Proof Retirement Show on Philadelphia’s number-one talk radio station, Talk Radio 1210 WPHT. This 50,000-watt station has the capability to reach 38 states as well as Canada. Apparently, the signal’s been reaching Washington D.C. On February 23, 2015, President Barack Obama gave a speech at AARP headquarters in Washington, D.C. in which he bemoaned the lack of fiduciary duty and the rampant Read More +

Phil Cannella Prevails in Federal Court

Phil Cannella has once again demonstrated that in the face of all adversity, it is the truth that shines; it is the truth that survives the lies; it is the truth that will eventually win the day. Some people’s fortunes in life are such that they care not to make waves, they prefer to settle into the status quo and mind their own business going in whatever direction the waves of fate lead them. This is not the case with Phil Cannella, whose mission in Read More +

Phil Cannella Explains The Importance Of Fiduciary Responsibility

Phil Cannella educates hundreds of Philadelphia-area retirees each week at Crash Proof Retirement educational events. Phil Cannella arms attendees with truth backed up by statistics, charts and taped interviews with some of the most important financial authorities in the United States. But perhaps the most important thing Phil Cannella does at these events is to ask attendees one simple question: “Have you ever heard of a fiduciary responsibility?” Over the year, Phil Cannella has found that many people do not understand the concept of fiduciary Read More +

Phil Cannella Challenges Wall Street

Phil Cannella has had to face some tough challenges in his effort to make changes to the financial services industry and bring about reforms on Wall Street. It is not uncommon knowledge that Wall Street is fraught with white collar crime. Industry professionals are often seeking to take advantage of unwitting and gullible consumers. Industry insiders are often working for their own financial gain over those of the people they serve. This is unfortunately the state of affairs within the financial services sector, but it Read More +

Phillip Cannella, The Annuity Expert – Phillip J Cannella

Phillip Cannella Phillip Cannella, among the many different fields of insurance he is well versed in, is also the subject of annuities. Many people according to Phillip Cannella don’t really understand what an annuity is and so as an introduction it is worth explaining in brief. Phillip J Cannella In its simplicity, explains Phillip Cannella, an annuity is a contract between you and an insurance company in which you make a lump sum payment or series of payments and in return obtain regular disbursements beginning Read More +