Tag Archives: Phil 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 Testimonial: Robert and Rosemarie Smith

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 Robert and Rosemarie Smith of Broomall, Pa. Both Robert and Rosemarie are retired from the U.S. Navy, and one day Rosemarie heard about Crash Proof Retirement on the radio. She was intrigued by the notion of never losing one penny of principal, and was interested in protecting the family’s retirement savings. “My main retirement concern was preservation 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 Testimonial: Joyce and Vince Natale

Phil Cannella and Crash Proof Retirement Provide Peace of Mind When Vince and Joyce Natale first met Phil Cannella in 2010, they knew they needed a way to prepare for retirement. But the Great Recession had frightened them off the stock market. Fortunately, Phil Cannella provided an alternative—The Crash Proof Retirement System. The Natales’ story is a common one in this generation of retirees. Frightened by the crash of 2008, Joyce and Vince were faced with the prospect of preparing for retirement—but were unwilling to Read More +

Phil Cannella Warns Investors About The Bond Bubble

Chicago Credit Downgraded To ‘Junk’ Phil Cannella has spent almost 40 years in the insurance industry, so he knows a safe investment when he sees one. And the bond market is not a safe investment, as Cannella reported on last week’s Crash Proof Retirement Show. Research from Retirement Media Inc. found that Moody’s, a leading provider of credit ratings, research, and risk analysis, has downgraded the credit rating of America’s 3rd-largest city to junk-bond levels. Moody’s rating system, which grades bonds from Aaa to C, Read More +

Phil Cannella and Joann Small Celebrate Moms

Crash Proof Retirement Show-Happy Mother’s Day! Last week on The Crash Proof Retirement Show, Phil Cannella and Joann Small commemorated Mother’s Day by paying special tribute to the most important woman in all of our lives. “It was a very wise man who once said, ‘God can’t be everywhere; therefore, let there be moms!’” said Phil Cannella. 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 Read More +

Phil Cannella Offers Three Things You Should Know In Retirement

This past Saturday on The Crash Proof Retirement Show, Phil Cannella and Joann Small took a closer look at the thing they do best: educating consumers in or near retirement. Phil and Joann accomplish this not only through The Crash Proof Retirement Show, but through educational events around the Philadelphia region and by hosting consumers each and every day at their headquarters in King of Prussia, Pa. This week, Phil Cannella highlighted the three things that any consumer in or near retirement must consider when 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 Exhibits Consumer Advocacy At Its Finest

Throughout his career, Phil Cannella has learned that when attempting to issue reform across an industry as established and as powerful as Wall Street, a person is bound to run into some obstacles. That’s why Phil has learned to appreciate each victory, no matter how big or small. But the battle over fiduciary duty may be his toughest 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 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 Pierces Deception With The Sword Of 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 Exposes Hidden Fees In Mutual Funds

Phil Cannella knows that the Statement of Additional Information is Wall Street’s dirty little secret. But he admits that Wall Street’s done a great job of keeping that secret—so great, in fact, that most financial advisors don’t even know the Statement of Additional Information exists! “We’ve all heard about the Book of Prospectus—because we all read it cover to cover!” Phil Cannella joked at a recent Crash Proof Retirement educational event. “In that book, you can find out about the hidden fees your advisor never 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 Explains the Behavior of the Stock Market – Phil Cannella Blog

Phil Cannella • Phillip Cannella Phil Cannella – Phillip Cannella Blog: Phil Cannella often refers to the history of the stock market to illustrate patterns that can help us better understand where markets are moving. Phillip Cannella • Phil Cannella Historically, the markets in this country haven’t increased for more than five years consecutively. The exception came in the 1990s, a decade that enjoyed nine years of off-the-chart climbs. Billions of dollars were poured into the technology sector and anything dot-com much to the delight of Read More +

Phil Cannella’s Tips for Living Without Taxes During Retirement – Phil Cannella News

Phil Cannella proves time and time again that it really is possible to live out your golden years comfortably, receiving a steady income that allows you to maintain the lifestyle you are used to without handing over a large part of it to the IRS. The problem is that living without taxes during your retirement years requires specialized strategies that are only known about by retirement specialists. Phil Cannella’s Steps to Living Tax-Free During Retirement: 1) Team up with a retirement specialist. 2) Convert your Read More +

Phil Cannella IRA Distribution Mode, an Exit Strategy Revealed – Phil Cannella Media

Phil Cannella is on a mission to help Americans live the American dream of retiring comfortably and securely. He helps his clients avoid the Required Minimum Distribution (RMD), which can lead to heavy erosion and taxation of your financial accounts during your retirement years. As a retirement financial specialist, Phil Cannella knows that you can bypass the RMD and turn your nest egg into tax-free vehicles that remain tax-free even after you begin to take income from them.   Phil Cannella has the answer, which Read More +

Phil Cannella’s Take on the Major Problem With Retirement Accounts – Phil Cannella Blog

Phil Cannella looks  at retirement differently than most retirees and most financial advisors because his family suffered a catastrophic loss of their nest egg shortly after retirement. He now helps thousands of American retirees avoid the same catastrophe. During the Accumulation Phase, you may feel secure knowing that you are putting away money that will allow you to retire safely and happily. Whether you’ve contributed to a 401(k), 403(b), IRA, SEP, Keogh or other government sanctioned retirement account, you knew you were getting the advantage Read More +

Phil Cannella Uncovers Madoff’s Lack of Remorse For His Victims – Phil Cannella Media

Phil Cannella and a unique opportunity Phil Cannella – Phillip Cannella Media: Phil Cannella secured a unique opportunity to interview the former Inspector General of the SEC and got to pose many incisive questions that give us some clues about the man that got away with a Ponzi scheme that is considered to be the largest financial fraud in U.S.  history. Phil Cannella asked the former Inspector General When Phil Cannella asked the former Inspector General questions about Bernard Madoff he revealed the complete and utter lack Read More +

Phil Cannella Gets Rare Interview With Inspector General of the SEC – Phil Cannella Blog

Phil Cannella brings truth Phil Cannella – Phillip Cannella Blog: Phil Cannella, in his mission to bring truth to the American retiree, headed down to the nations capital and conducted an interview with the then Inspector General of the SEC. During this intense videoed interview, Phil Cannella posed some tough questions and got some eye-opening answers that lay bare some of the basic flaws with the oversight of the securities industry and speaks volumes to the ineffectiveness of the very department that is meant to oversee Read More +

Phil Cannella Speaks About Annuities – Phil Cannella News

Phil Cannella and different annuities Phil Cannella – Phillip Cannella News: Phil Cannella has made a thorough study of the different annuities available on the mark in an effort to see which ones, if any, would be suitable for a person who is in or approaching retirement. Phil Cannella explains that an annuity is designed to provide a steady stream of income and are generally designed to provide for people in retirement. Phil Cannella explains not all annuities created equal Phil Cannella explains however that not Read More +

Phil Cannella Sponsor of Children’s Hospital – Phil Cannella Media

Phil Cannella duty is to help Phil Cannella – Phillip Cannella Media: Phil Cannella has made it a duty of his to help those in need of help in any way he can. Phil Cannella likes to give and one of the ways he has shown his giving over the years is through his humanitarian efforts in donating to the Children’s Hospital of Philadelphia(CHOP). Phil Cannella helps seniors In his daily work, Phil Cannella helps seniors crash proof their nest eggs. When not at work, Phil Read More +

Phil Cannella Large Donor of Children’s Hospital of Philadelphia – Phil Cannella Blog

Phil Cannella and his missions Phil Cannella – Phillip Cannella Blog: Phil Cannella, has made it one of his missions in life to help children in need. Like many famous people, Phil Cannella dedicates his life to helping those in need. It is not just about protecting the nest eggs of seniors, Phil Cannella understands the cycle of life which is why he helps people from both ends of the spectrum: those newly arriving on Earth and those soon to leave. Phil Cannella chose non-profits There are Read More +

Phil Cannella Explains a Roth IRA – Phil Cannella News

Phil Cannella explains key features Phil Cannella – Phillip Cannella News: Phil Cannella explains some of the key features and benefits of a Roth IRA over a traditional IRA. As you can imagine, Phil Cannella takes a very tailored approach to every retirees nest eggs and a key aspect of it is assessing whether or not the given client’s IRA should remain as a traditional IRA or be converted to a Roth. Phil Cannella and Roth IRA This is what Phil Cannella says about the Roth Read More +

Phil Cannella, A True Benefactor of Children’s Hospital of Philadelphia – Phil Cannella Media

Phil Cannella – Phillip Cannella Media: Phil Cannella is a true supporter of the Children’s Hospital of Philadelphia. Over the years, Phil Cannella has come to the aid of children by donating to the hospital in volume and this is the real humanitarian side of Phil Cannella we truly love. Humanitarian acts are ones that show real benevolence, real kindness, a sort of unselfish attitude about life. When looking at Phil Cannella’s contributions one is truly looking at someone who has contributed in many ways to Read More +