Phillip Cannella Blog: Phil Cannella on the Erosion of Your Nest Egg

Phil Cannella – Phillip Cannella Blog: Phil Cannella warns seniors to beware of the erosion that your nest egg is subjected to day in and day out when one is invested on the market. Phil Cannella explains that when one is invested in mutual funds and like products and vehicles, one pays the fund manager a management fee regardless of the performance of the vehicle. There are not a lot of industries when the client pays a professional for not getting the expected result, but then again that is Wall Street!

Phil Cannella doesn’t want a consumer, especially a retiree, to lose any portion of their nest egg due to erosion or any other reason. Hence, Phil Cannella urges us to look to financial investment vehicles where no erosion of principal can occur for any reason.

This is the concept behind Phil Cannella’s Crash Proof Retirement System™ which focuses on asset protection, preservation and modest growth. A testament to the success of Phil Cannella’s system is the volume of clients that have gone through his process and speak of the success they have had.

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