Hi, How Can We Help You?

Monthly Archives: October 29, 2020

why americans are failing at retirement

Americans Are Failing at Retirement

The United States is facing a retirement crisis that has been brewing for decades. While there are several factors that contribute to this growing problem, the underlying issue is a general lack of education and preparedness for retirement. Thousands of Americans reach retirement age every single da...

Read More
stimulus and the stock market

COVID Vaccines, Stimulus Packages, and the Stock Market Roller Coaster

Since the World Health Organization declared COVID-19 a global pandemic back in March, people around the world have been waiting with bated breath for news that a vaccine is forthcoming. In the U.S., we’re also wondering when — or if — we will get another economic stimulus package like the CARES Act...

Read More
2020 election tax plans

How Will the 2020 Election Affect Your Retirement?

Election Day is right around the corner and depending on the outcome, big changes could be made to how Americans plan for retirement. Both candidates running for president have proposed changes to the tax code, which could have major repercussions for retirement investments, the performance of the s...

Read More
COVID Impact on Annuities

COVID’s Impact on Annuities

Annuity products boomed in 2018 and continued to perform well in 2019, but surveys and analysis from the first half of 2020 showed the sales of annuity products on a decline, and the lack of investor education may be to blame. Conventional wisdom suggests that in times of economic volatility and unc...

Read More
covid proves LTC is a must

COVID Pandemic Highlights the Need for Long-Term Care

Long-Term Care protections gained in popularity at the beginning of 2020 as the Federal Government passed the SECURE Act into law which had drastic implications for IRA and 401(k) accounts. With the elimination of the stretch IRA and new liquidity rules for beneficiaries, investors looked for differ...

Read More
stock market slump September 2020

An Analysis of the 2020 Stock Market September Slump

If you’ve been following Crash Proof Retirement ® over the past several years, you may remember our discussion of the “September Slump” back in 2019. That’s the name economists have given the stock market based on its tendency to decline in the month of September of every year. Investopedia reports th...

Read More

How to Avoid Common COVID-19 Scams That Target Seniors

For Phil Cannella and the team at Crash Proof Retirement ®, consumer advocacy goes beyond retirement planning. While it is important for every senior to be thinking about safe retirement strategies that will prevent them from losing their savings to a volatile stock market crash, they also need to be ...

Read More