This website is strictly for educational purposes and is not intended to provide specific legal, financial, or tax advice. Phil Cannella and Joann Small are licensed professionals in the insurance industry. Crash Proof Retirement, LLC. does not recommend or sell securities to anyone at any time. Any interviews conducted by Retirement Media, Inc ®. published on this website are not to be considered endorsements. Crash Proof Retirement, Crash Proof Retirement Show, and Retirement Media, Inc. ®, and all related uses, are federally trademarked with the United States Patent and Trademark Office. Any company or individual found violating these federal trademarks will be vigorously pursued through all available legal avenues and penalized to the fullest extent of the law. © 2024 Crash Proof Retirement, All Rights Reserved.
Consumer Debt Soars in Second Quarter of 2021
- August 31, 2021
- By: Phil Cannella
- Blog
- 0 Comment
If you are anything like the average American, you are on a budget, and you may have noticed that the cost of consumer goods has skyrocketed during the COVID-19 pandemic. According to the New York Federal Reserve, consumer debt has increased more in one quarter (from ...
Read MoreIs Now the Right Time to Downsize Your Home?
- August 31, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Many Americans choose to downsize their lives as they approach retirement by selling their house, switching to a more economical car, or selling unused antiques that were taking up closet space. This can be an excellent retirement strategy as it allows a person to dec...
Read MoreDelaying Social Security
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Claiming Social Security prior to reaching the full retirement age of 67 years old reduces the monthly payment that beneficiaries receive, yet most individuals taking Social Security activate their income payments immediately after reaching age 62. 35% of men, and nearly 40% of women begin collectin...
Read MoreMultilevel Marketing Schemes: Always a Risky Investment
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
At Crash Proof Retirement, we are dedicated to helping people in or near retirement protect their nest eggs from the risk and fees of Wall Street. While this is an important part of our mission, we also feel that it is our responsibility as consumer advocates to raise awareness about common scams so...
Read MoreIs Another Housing Market Crash Right around the Corner?
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
If you are shopping for a new home, or if you are trying to sell your home, you have probably noticed a dramatic price increase over the past year. According to real estate website Redfin, over half of all homes on the market today are selling above their listing price. Inflated home prices have led...
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