The One Retirement Account You Should Have but Probably Don’t

Employees know that they should be contributing to their employer’s retirement plan as well as an IRA. These two retirement accounts have amazing tax benefits. One of the best retirement plans that don’t really get a lot of attention is the Health Savings Account (HSA). Here are some ways that the HSA can be beneficial. Deferring money is easier. You can have money taken out of your paycheck. Or you can even deposit money directly with a check or transfer through a bank. You can Read More +

Are Your Financial Investments Too Risky?

So you’ve decided to invest. You have to now figure out how much risk you’re able to take. The more risks you take, the more returns you could possibly see. However, more risk can also be damaging. Differences and changes in value can lead to worrying and fear as you work towards better returns. Here’s some ways to help determine how much risk you should and shouldn’t take. Understand your risk tolerance. Your risk tolerance is how much you feel like you can emotionally handle Read More +

Phil Cannella Provides a Crash Proof Retirement for Manus and Savannah McHugh

Phil Cannella created the exclusive Crash Proof Retirement System for Americans who want to live safely and securely in retirement, without worrying about losing their nest-egg on Wall Street. So far the proprietary Crash Proof Retirement System has successfully protected the retirement futures and fortunes of thousands of area consumers. Manus and Savannah McHugh of Landsdale, PA are one of the many married couples who now have peace of mind in retirement thanks to Crash Proof Retirement. Watch their story below. After attending a Crash Read More +

Phil Cannella Crash Proofs Retirement of Vince and Joyce Natale

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 Joyce and Vince Natale of Havertown, PA. The Natale’s 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 accept the inherent risks of investing on the stock market. Watch Vince & Joyce Natale explain their Read More +

Phil Cannella Leads the Charge against Corruption

Phil Cannella doesn’t stand silent when it comes to the illegal and unethical practices of those financial advisors and insurance professionals who give the industry a bad name by cheating their clients. Too many financial professionals will stand up in front of the consumer and tell them how pristine they are, while casting a dark net around their competitors. Meanwhile, these same advisors cheat their clients by looking out for their own commissions rather than the client’s best interests. This is one of the reasons Read More +

Phil Cannella Explains Long-Term Care Insurance Costs

Phil Cannella explains that a consumer should know that the true cost of long-term care insurance is affected by numerous factors just as it is with regular health insurance. Depending on the type of benefits you want, the deductible, etc. a health insurance plan can be more or less expensive. It is similar with long term care insurance says Phil Cannella. Some of the primary factors that affect the cost of such insurance are: • How old you are when you buy the policy; • Read More +

Phil Cannella Guides you To and Through Retirement

Phil Cannella strives to show all Americans that there is a way we can all achieve the ideal retirement that we have so long dreamed. While it may seem like a very distant and unattainable goal, Phil Cannella looks upon retirement as something one can realistically attain and enjoy if prepared properly. Phil says: “Much like the journey up a mountain and back down, retirement signals the beginning of a new phase: the Retirement Phase. This is the second half of your financial journey, your Read More +

Phil Cannella Talks Risky Investments vs Fixed Assets

On Phil Cannella’s Crash Proof Retirement Radio Show, he explains the difference between risk class assets and fixed class assets. During this show, he elucidates on the risks inherent in the stock market and how Wall Street lacks any sort of fiduciary responsibility. Mutual funds, stocks, & bonds (which are securities) all have inherent risk and are subject to volatility. There is nothing inherently wrong with these types of investments for people in their working years who have time ahead of them to earn and Read More +

Congress Eliminates Social Security’s “File & Suspend” option

In 2000, President Clinton signed into law the Senior Citizens Freedom to Work Act, which was intended to increase the flexibility for people approaching retirement age and continue working even while receiving Social Security benefits. Accordingly, the new rules eliminated the “earnings test” for those who had reached full retirement age, and gave those who were already receiving benefits at full retirement age the opportunity to suspend their benefits to earn delayed retirement credits. Many Social Security claiming strategies, that retirees have learned about in Read More +

Phil Cannella asks “Where is the Economic Growth?”

As a consumer advocate, Phil Cannella is a man with his finger on the pulse of the concerns of retired Americans. Via his media firm, Retirement Media Inc.-Truth for the American Retiree, Phil Cannella is constantly conducting research on market forces, so that he can always provide the best and most sound retirement advice to his consumers. Phil Cannella has looked at many economic indicators and forecasts that show recent gains in the market are only temporary. A key factor is what Phil refers to Read More +