Category Archives: Phil Cannella
High Earning Tax Breaks for Retirement
A lot of tax breaks and perks for people who earn over a certain amount have been taken away lately. However, there are still some breaks you can get if you are a six-figure earner. Larger tax deduction for your 401(k). If you’re an employee who is making a lot of money, you will get the most benefits if you contribute to a traditional 401(k) savings plan. You should always make sure you’re taking advantage of all of the tax breaks that are still available Read More +
Money Mistakes To Avoid in Retirement
Chances are you spent much of your life saving for retirement. Now that you’re finally retired, it’s normal to want to spend the money that you’ve worked so hard to put in your nest-egg. Be aware that there are some mistakes that you can make that could really hurt you and deplete your savings more than you realize. Don’t start Social Security too soon. Technically, you’re able to start taking your Social Security at 62. However, if you do you’ll receive around 25% less that Read More +
How to Save for Retirement Without a 401k plan
While saving for retirement with a 401(k) plan is fairly easy and convenient, not all employers offer a 401(k) option. With an employer issued 401(k), money for your retirement is taken out of your paycheck before you even get a chance to see it. Sometimes, you automatically can receive tax breaks for this saving as well. Some employees can actually be enrolled in a 401(k) without doing any paperwork even. 401(k)s can make life easier for some. But if you don’t have a 401(k), how Read More +
Phil Cannella Crash Proofs the Retirement of Shirley White
Phil Cannella’s exclusive and proprietary Crash Proof Retirement System has helped thousands of people to secure their retirement futures. One of them is 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 each Saturday and Sunday. She described herself as a natural risk-taker when it comes to investing; as someone who is willing to take on some additional risk in exchange for Read More +
Phil Cannella: Committed to Consumer Advocacy
Phil Cannella has faced some tough challenges in his effort to make changes to the financial services industry and bring about reforms on Wall Street. But the battle over fiduciary duty may be his greatest victory to date. Phil Cannella and Crash Proof Retirement has a fiduciary duty towards its clients; Wall St. does not! 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 Read More +
Phil Cannella Discusses Medicaid and Long Term Care Insurance
Phil Cannella thinks that a lot of people confuse Medicaid with Medicare. Both of these programs are separate and independent of each other. Medicare’s primary focus is to provide health insurance for those over the age of 65, while Medicaid’s focus is providing health insurance to the indigent. Phil Cannella explains that when it comes to providing long term care, Medicaid has some very strict requirements and seniors should not think that they can fall back on Medicaid as there are some catches. To be Read More +
Phil Cannella Breaks Down Fixed Annuities
Phil Cannella provides an excellent explanation of the difference between the major categories of annuities and he does so in a way that makes it very easy for any consumer to understand. Any true expert in a field should be able to explain a technical subject in a non-technical manner and this is exactly what Phil Cannella does. A Fixed Annuity, as Phil Cannella explains, is a specific type of annuity. Fixed annuities are essentially CD-like investments issued by insurance companies. Like CDs, they pay Read More +
Phil Cannella Brings Solutions with Crash Proof Strategies
Phil Cannella helps seniors, not just by offering one or two financial products to a retiree, but providing an education and a Crash Proof System that takes them not only to retirement but through retirement and a new perspective with regard to their finances. Phil Cannella says that giving people hope is one of the most valuable things you can do for people. “There is not a better feeling in this life than to give someone hope, whether it be spiritual or financial.” At his Read More +
Phil Cannella Warns Investors of Interest Rate Rise
Phil Cannella’s acumen when it comes to reading and interpreting business and economic trends is unparalleled in the industry. With his vast knowledge and background as to how different investment and financial vehicles work is an integral part of how he devised the exclusive Crash Proof Retirement System. Phil Cannella explains the impact that the Federal Open Market Committee has had on the American economy by keeping interest rates at or near zero for almost 10 years now. What this action was intended to do Read More +
Phil Cannella is a Crash Proof Consumer Advocate
Phil Cannella has taken a “consumer advocate’s” approach in developing the Crash Proof Retirement System. Phil Cannella ‘s goal with the Crash Proof Retirement System was to be able to put protections in place so that no one using the system could be betrayed by the stock market. The very core principals of the system are to Crash Proof a retiree’s investment accounts against crashes and to provide peace of mind to the consumer in retirement. Phil Cannella began his fastidious work in creating the Read More +
Phil Cannella Analyzes Faults in U.S. Economy
Phil Cannella created his exclusive Crash Proof Retirement System for the expressed purpose of removing all the factors that are outside of our control that may have a negative effect on our retirement nest-eggs. Threats such as market risk can cause turmoil in retirees’ accounts. This kind of risk has happened time and time again during down periods in market history including two well-known stock market crashes that have occurred twice in the first decade of this century. Phil Cannella was appalled by the devastation Read More +
Phil Cannella Examines Exclusive Crash Proof Retirement System
Phil Cannella has been a retirement professional for almost 40 years having started his career as an insurance professional in the 1970s offering seniors long-term care solutions. As the years went by, especially after seeing so many retirees devastated from the market crashes of the early 2000s when the tech bubble burst, Phil Cannella was determined to solve the problem of how to safeguard retirement incomes and come up with a means of providing people in and near retirement with a way of enjoying their Read More +
Phil Cannella Makes the Golden Years More Golden
Phil Cannella takes his mission in life very seriously. For him it is not just about helping one or two people but about changing the financial industry for retirees to make it more transparent and more ethical and to help not one or two consumers but thousands of them. Phil Cannella is not just another financial adviser pawning some products here or there to make a quick buck. He created the proprietary Crash proof Retirement System to bring about a real and lasting change to Read More +
Phil Cannella is closing in on a decade of Crash Proof Retirement
Phil Cannella has been dedicating almost 40 years of his career as an insurance and retirement professional to helping safeguard the retirement nest-eggs of people in or near retired years. Having started his consumer advocacy mission of protecting families from financial devastation through pioneering long term care insurance, Phil Cannella has transitioned into Crash Proofing the retirement nest-eggs of retirees from the financial devastation caused by Wall Street. Phil Cannella created the exclusive and proprietary Crash Proof Retirement System almost a decade ago after witnessing Read More +
Phil Cannella Examines the Recent Stock Market Losses
Phil Cannella took a few minutes to talk about the highs and lows of the market and its effect on the everyday investor and retiree. First of all, the benchmark Standard & Poor’s 500 stock index, which hit a record close of 2130.82 on May 21, had gone 1,326 calendar days without suffering an official correction, or drop of 10% from a high. But that correction-less streak ended on Aug. 24, when the S&P stock index finally caved in under the weight of a massive Read More +
Phil Cannella Slams Fed’s Economic Policies
In an exclusive interview with bestselling author and economic forecaster Harry Dent, Phil Cannella exposes the truth about the U.S. and world economy. Phil Cannella questioned if trillions of dollars a year being imbued into the economy with nothing to prop it up, could ever pay off. On the one hand it seemed like the economy was on a strong footing. The Dow Jones Industrial Average, the S&P 500, and the NASDAQ all recovered from the 2008/2009 crash and seem to be on a rocket Read More +
Phil Cannella Praises The Power Of Interest
Phil Cannella And Joann Small Host The Crash Proof Retirement Show On last Sunday’s edition of The Crash Proof Retirement Show, co-hosts Phil Cannella and Joann Small focused on the most powerful tool in the financial industry—interest. Albert Einstein once said that “Compound interest is the 8th wonder of the world. He who understands it, earns it. He who doesn’t… pays it.” That’s why Phil Cannella implores people in or near retirement to immerse their nest eggs in financial vehicles immune to market downturns. The 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 Conquers Online Attacks
Phil Cannella’s career has been dedicated to helping the ‘little guy’ in the form of American retirees, attempting to guard their nest eggs from the volatility and corruption of Wall Street. But it wasn’t long ago that Phil found himself attacked by an anonymous group of online competitors, attempting to undo his decades of work. For almost forty years now Phil Cannella has been a senior advocate working with seniors and those in and approaching retirement to shield them from unexpected life tragedies that can Read More +
Phil Cannella, Leading Consumer Advocate
Phil Cannella built a platform of truth, logic, and consumer advocacy to help First Senior Financial Group to protect the nest eggs of over 4,000 area consumers. He explained his methods and motivations on last weekend’s Crash Proof Retirement Show. “When you look back, when you first started working with people in retirement—would you have envisioned being here today, almost 40 years later?” Joann Small asked Phil Cannella. “I was only 21 years old when I started,” Cannella remembered. “Do any of us really know Read More +
Phil Cannella’s Crash Proof Retirement System: Joann Mattia
Phil Cannella Educates Consumers After Market Crash Phil Cannella has implemented his trademarked Crash Proof Retirement System for thousands of consumers across the region. The System was designed to provide safe alternatives to the volatility and fees of Wall Street. One of the most recent success stories belong to Joann Mattia, a marketing manager from Downingtown, Pa. Joann’s retirement dreams were curtailed by the market crash of 2008. A significant portion of her savings were wiped out when the major stock market indices lost more Read More +
Phil Cannella Explains The Lack Of Safety In Bonds
Phil Cannella Knows The Truth Behind Corporate Bankruptcies Phil Cannella has fought a battle against the powers on Wall Street for many years, and in that time he’s seen some questionable practices. But the rash of bankrupcies that followed the great Recession took things to a new level. Bankruptcies have ruined the savings, the nest eggs, and the lives of millions of Americans. That’s why Phil Cannella finds it so appalling that declaring bankruptcy has become an accepted practice—almost a strategy—among major U.S. corporations. “You realize,” Phil Read More +
Phil Cannella Testimonial: Doug and Eileen Flor
When Doug and Eileen Flor first met Phil Cannella in 2010, they were wary of investing in the unpredictability of Wall Street. Today, they each enjoy a secure Crash Proof Retirement, complete with guarantees and peace of mind. Doug Flor is retired from Exelon Power Company, while his wife Eileen works part-time as a school teacher. Their journey to a Crash Proof Retirement begins five years ago, when Doug attended an educational event at Spring Mill Manor in Ivyland, Pa. Back in 2010, Doug was Read More +
Phil Cannella Popularizes The Statement Of Additional Information
Wall Street’s Best-Kept Secret Phil Cannella educates people in or near retirement about the little secrets that permeate Wall Street. One of his favorite things to reveal is the infamous Statement of Additional Information! But even Phil Cannella has to admit 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 Read More +
Phil Cannella Educates Retirees On The Crash Proof Retirement Show
Phil Cannella founded The Crash Proof Retirement Show with the stated purpose of educating consumers in or near retirement. This past weekend, Phil and co-host Joann Small did just that in their opening segment of the show. Phil and Joann accomplish their educational goals 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 Read More +
Phil Cannella Lawsuit, Phil Cannella Cleared of Discrimination, Phil Cannella Lawsuit
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella stands for the right moral choices that must be made in life and in business. A day doesn’t go by that he doesn’t question the integrity of the decisions and actions he takes for he, as an industry leader, is closely watched as any national celebrity or VIP often is. Being in the spotlight is not a position many choose to be in. While the glamor often seems attractive to many, once there you quickly see that Read More +
Phil Cannella Lawsuit Questions the Lack of Fiduciary Responsibility, Phil Cannella Lawsuit
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella is a man who stands for reason, a man who stands for fair justice, a man who stands for the American man and woman who wants to succeed in life. Phil Cannella chose to follow a career where he could exemplify these traits in every way possible. He chose to work as an insurance professional so that he could offer real financial solutions to those in and approaching retirement so that they can live out their years, Read More +
Phil Cannella Lawsuit, Phil Cannella Sees Legal Triumph, Phil Cannella Lawsuit
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella, in his drive to bring truth to the American retiree, has faced quite an attack from those who prefer that the truth is masked and those who are financially benefitting by keeping retirees ignorant. It is somewhat well known that the financial services industry as a whole is littered with unscrupulous people, those who seek to fleece the everyday investor and for their own personal gain. In fact, financial advisors are among the least trusted professionals in Read More +
Phil Cannella Lawsuit, Phil Cannella Spearheads Industry Reform, Phil Cannella Lawsuit
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella, as a leading insurance and financial professional for almost 40 years, is at the vanguard of a movement to reform the financial services industry. He is leading the charge to bring about real fiduciary responsibility amongst insurance agents and financial advisors so that the American retiree, the American senior can get the real and true financial help they deserve. The problem as he sees it is that too many financial professionals are not acting in the best Read More +
Phil Cannella Lawsuit, Phil Cannella The True Senior Advocate, Phil Cannella Lawsuit
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella has worked long and hard to establish himself as one of the country’s foremost financial professionals. After many years in the insurance industry, selflessly catering to the needs of the retiree, Phil Cannella was truly a man who understood the concerns of people as they grew older and he provided answers to their needs and concerns. The first line of help he provided seniors with was a solution to a basic problem of aging, the need for Read More +
Phil Cannella Lawsuit, Phil Cannella Puts an End to Illicit Defamation Campaign
Phil Cannella Lawsuit Phil Cannella Lawsuit: Phil Cannella’s drive to bring real financial help and solutions to American seniors and retirees saw a sustained and exponential increase in his business for years upon years. After having developed his unique and ingenious Crash Proof Retirement™ system, people concerned about their retirement were coming to see and hear Phil Cannella in droves all with the purpose of finding out how to protect their assets and hard won nest eggs from the volatility of the stock market. The Read More +
Phil Cannella Recalls his Enlightenment Over the Stock Market – Phil Cannella Blog
Phil Cannella • Phillip Cannella Phil Cannella – Phillip Cannella Blog: Phil Cannella often recalls why he got into the business of protecting retirees and helping them secure a safe retirement. Phil Cannella • Phillip Cannella “After my grandpop’s long battle in a nursery home, a time when the rug got pulled from under my family’s feet, I struggled to comprehend how such a prosperous country could leave its seniors and their finances so vulnerable. I didn’t understand why nothing was being done to reduce my Read More +
Phil Cannella Urges Proper Planning for Retirement – Phil Cannella Media
Phil Cannella says to make this journey Phil Cannella – Phillip Cannella Media: Phil Cannella says that in order to make this journey through retirement you have to plan for it. Would you do a trip through the Amazon Rainforest without a plan? Would you make a trip up Mt. Everest without a plan? Even less exotic trips, perhaps to Europe or even within the United States still require some sort of plan such as how you will get to your destination, and before that what Read More +
Phil Cannella Says Retirement is When the Real Journey Begins – Phil Cannella Blog
Phil Cannella stresses how to plan Phil Cannella – Phillip Cannella Blog: Phil Cannella stresses that you have to have a plan, a guide to take you through your retirement, financial speaking. This is why Phil Cannella makes such a great effort to educate those who come to see him on what they can and should expect as they begin this brand new journey. Phil Cannella takes a good look As Phil Cannella points out: “Many American retirees think exactly that at the end of their Read More +
Phil Cannella Talks About The Harvest Years of One’s Life – Phil Cannella News
Phil Cannella likes the retirement phase Phil Cannella – Phillip Cannella News: Phil Cannella likes the retirement phase of one’s life to one’s harvest years. But what does Phil Cannella mean by that exactly? Well, imagine if you’ve been working hard all year to grow your crops, to prevent insects or some other pestilence destroying your crop and at last it is time to harvest. You go out and gather the crops and can now sell them and hopefully make some good money. The fruits of Read More +
Phil Cannella Digs Deeper Into The Purpose of the Accumulation – Phil Cannella Media
Phil Cannella and a scientist Phil Cannella – Phillip Cannella Media: Phil Cannella looks at retirement and your financial future much like a scientist might examine a test tube. Only when breaking life down into its parts and examining the parts can one make a sound conclusion for which action can then be dictated. Phil Cannella developed Crash Proof Retirement Phil Cannella, in looking at retirement took a step back and took a good hard look at the earlier phase of one’s life, the accumulation phase. Read More +
Phil Cannella Examines the Financial Journey of Life – Phil Cannella Blog
Phil Cannella and two major phases Phil Cannella – Phillip Cannella Blog: Phil Cannella looks at life in terms of two major phases. The first phase he explains is the Accumulation phase, the second is the Retirement Phase. Let’s break these down a little and see if we can get a little better explanation as to what these are. Phil Cannella stresses these words According to Phil Cannella: “The first half of your financial journey is the Accumulation Phase. And the second half, well that’s the Read More +
Phil Cannella And the Two Parts of The Retirement Game – Phil Cannella News
Phil Cannella makes great analogies Phil Cannella – Phillip Cannella News: Phil Cannella makes a great analogy between retirement and a game. In a game, you don’t win until the end. No matter the score at half-time, you have to keep going until the final whistle to be sure of success. Phil Cannella, the first part is the Accumulation Phase According to Phil Cannella, “In many ways, holding on to this common notion, ‘I did it! I made it! I’m done!’ can be very dangerous to Read More +
Phil Cannella Shows Us How To Create The Retirement Dream – Phil Cannella Media
Phil Cannella shows we can achieve Phil Cannella – Phillip Cannella News: Phil Cannella strives to show us that we can achieve the retirement we have so long dreamed of. While it may see like a very distant and unattainable goal, Phil Cannella looks upon retirement as something one can attain and one can enjoy if you properly plan for it. Phil Cannella says retirement signals beginning phase Phil Cannella says: “Much like the journey up a mountain and back down, retirement signals the beginning of Read More +
Phil Cannella On The Retirement Phase of Life – Phil Cannella Blog
Phil Cannella identifies the difference Phil Cannella – Phillip Cannella News: Phil Cannella identifies the difference between the retirement phase of one’s life and the accumulation phase of one’s life. You see, according to Phil Cannella during your working years you have the ability to make a living and if you lose money for various reasons including losses in the stock market, you still have your life ahead of you to make up what you lost. Phil Cannella points out However, as Phil Cannella points out, when Read More +
Phil Cannella Tells us a Life Lesson About Mount Everest – Phil Cannella News
Phil Cannella makes astute observation Phil Cannella – Phillip Cannella News: Phil Cannella makes a very astute observation about life when hearing people exclaim: “I did it” when accomplishing a task of some sort. This all comes back to “cycles” a subject Phil Cannella talks much of. Phil Cannella makes an analogy of Mt. Evererst Phil Cannella makes an analogy of 10 climbers climbing Mt. Evererst and exclaiming “I did it” when reaching the top and being filled with joy. Yet reaching the top of Mt. Read More +
Phil Cannella Says That Retirement is a New Phase of Life – Phil Cannella Media
Phil Cannella retirement beginning of cycle Phil Cannella – Phillip Cannella Media: Phil Cannella doesn’t look upon retirement as an end of cycle but rather a beginning of a brand new cycle. While to some one could say that retirement signifies an approaching of the end of life, Phil Cannella looks at it as the beginning of a brand new aspect of life. Phil Cannella in his own words In Phil Cannella’s own words: “While my grandpop and many others like him in this great country Read More +
Phil Cannella Observes The Exorbitant Expenses of Nursing Home Care – Phil Cannella Blog
Phil Cannella witnessed effects of nursing home stays Phil Cannella – Phillip Cannella Blog: Phil Cannella witnessed first hand the devastating effects a nursing home stay can have on a family. Stays is a nursing home can be pretty expensive and if one is not prepared for it the costs can wipe out the savings of a family and leave the family in times of great hardship. This is exactly what happened to Phil Cannella at an early age in his life when his grandpa went Read More +
Phil Cannella’s Formative Years – Phil Cannella News
Phil Cannella did not have wealth Phil Cannella – Phillip Cannella News: Phil Cannella did not have the luxury of financial wealth even remotely as a child or young adult to be able to complete his education before he was thrown into the world to start making a living. Phil Cannella was cast into the world When his grandpop went into a nursing home and the family’s savings were being rapidly depleted and his dad was working 3 jobs to help pay the bills, young Phil Read More +
Phil Cannella’s First Hand View of Aging – Phil Cannella Media
Phil Cannella’s experience when young Phil Cannella – Phillip Cannella Media: Phil Cannella experienced at an early age something many of us hope we will never have to endure: one’s parents or grandparents life savings whittling away as they pay the expenses of a nursing home. It was in fact moments like this that gave Phil Cannella the impetus to set his career on its path to success. Phil Cannella shares thoughts and feelings Phil Cannella shares his thoughts and feelings with these memorable words: “Life Read More +
Phil Cannella Fondly Remembers the Day His Grandpa Retired – Phil Cannella Blog
Phil Cannella and his good fortune Phil Cannella – Phillip Cannella Blog: Phil Cannella has had the good fortune of seeing what life is like from all aspects. Many of us might take much for granted. College was paid for us, we attended private school, we had a nice house perhaps with a swimming pool in the back when a child, etc. Phil Cannella fondly remembers Phil Cannella did not have these niceties when growing up. His parents moved in with all his siblings into his Read More +
Phil Cannella Endured the Hardships of Life – Phil Cannella News
Phil Cannella Has been from the bottom up. Phil Cannella – Phillip Cannella News: Phil Cannella has seen life from the bottom up. Growing up in a family that had a had time making ends meet, Phil Cannella learned that it was hard work and your sleeves rolled up that gave you the means to survive. While some may be blessed with riches of their parents, factually Phil Cannella was blessed with seeing and learning the true and real lessons of life that aided his survival. Read More +
Phil Cannella Wants to Make Your Retirement Dreams Come True – Phil Cannella News
Phil Cannella working tirelessly Phil Cannella – Phillip Cannella News: Phil Cannella, through the course of his system, is working tirelessly to help you achieve your personal retirement goals. In Phil Cannella’s own words: “The old adage is 100% true: time equals money. No matter your age or how long you’ve been retired, you’ve worked and waited a lifetime to get to the point where you could rely on a steady stream of retirement income. And more importantly, you expect it to be there when you want Read More +
Phil Cannella Delivers Another Impactful Philosophy – Phil Cannella Media
Phil Cannella has interesting views Phil Cannella – Phillip Cannella Media: Phil Cannella has some very interesting views on life and it is these views that really differentiate him from the run of the mill financial advisor. For Phil Cannella it is not about a “job” or just doing something to make some money, for him it is a mission, a drive to help his fellow man in every way he can. Phil Cannella and his mission Outside of Phil Cannella’s working life, he has made Read More +
Phil Cannella Says What Sets Him Apart From His Competitors – Phil Cannella Blog
Phil Cannella is one of the most successful Phil Cannella – Phillip Cannella Blog: Phil Cannella is one of the most successful financial advisors in the nation. And when we talk about “successful” we don’t just mean in terms of financial success for himself personally, but success in terms of how many people Phil Cannella has helped, how many lives he has changed for the better, how many hearts he has touched. For Phil Cannella it is not about a job to make money it is Read More +
