Phil Cannella – Phillip Cannella Blog: Phil Cannella points out that one of the biggest challenges retirees face is running out of money during retirement. While statistical averages tell us what our life expectancy is, 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 deplete our assets before we pass on.
This is one of the big issues with many financial advisors, they put together a plan for an individual that assumes their client will die at a specific age, which is all good and fine if the client does pass away per the laws of averages, but if he or she lives longer, there could be a problem. This is one of the key components Phil Cannella focuses his crash proof retirement system. He understands that running out of money is not an option thus his system emphasizes asset protection, preservation and conservative growth.
As part of Phil Cannella’s crash proof retirement system he will assess his client’s income needs and assets and work out how to leverage various financial products in order for the client not to run out of money. Phil Cannella’s system has been used by thousands of clients who have been extremely happy with their results.