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By : Phil Cannella

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when to downsize your home

Is Now the Right Time to Downsize Your Home?

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...

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delaying social security

Delaying Social Security

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...

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Multilevel Marketing Schemes: Always a Risky Investment

Multilevel Marketing Schemes: Always a Risky Investment

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...

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Is Another Housing Market Crash Right around the Corner?

Is Another Housing Market Crash Right around the Corner?

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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Fiduciary Responsibility in Retirement Planning

Fiduciary Responsibility in Retirement Planning: What Does it Mean?

There are many different types of professionals who have a fiduciary duty to their clients. Trustees, doctors, lawyers, and legal guardians are just a few examples. Having a fiduciary responsibility means that a person is legally and professionally obligated to repres...

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China’s Cryptocurrency Crackdown: Could It Affect Your Retirement Plans?

China’s Cryptocurrency Crackdown: Could It Affect Your Retirement Plans?

Cryptocurrency markets were severely shaken recently as the price of Bitcoin and other digital currencies plummeted over fears of a crackdown on cryptocurrency mining by the Chinese government. As the world’s largest Bitcoin mining hub, China’s policies regarding cryp...

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retirement fees

Are Fees Eating Away at Your Retirement Savings? What You Can Do about It

If you are looking to quickly build up a healthy nest egg during your working years, an employer-sponsored 401(k) with matching contributions is one of the best ways to achieve that goal. You may have also considered other options like traditional individual retiremen...

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is your retirement at risk

As COVID-19 Stimulus Measures End, Could Your Retirement Be at Risk?

When the COVID-19 pandemic resulted in business closures and job losses all around the country, Congress authorized monetary stimulus measures to help struggling Americans make ends meet. These measures included direct cash payments to individuals as well as expanded ...

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retirement planning

Retirement Planning: Why You are Never Too Young (Or Too Old) to Start

When it comes to retirement, we would all like the chance to sit back and enjoy our golden years while taking advantage of the opportunities presented to us by doing all the things that we did not have the time or money to do dur...

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what caused cryptocurrency to crash

What Caused Cryptocurrency’s April 2021 Flash Crash?

Cryptocurrency investors experienced a rude awakening in April 2021 when the value of their investments plunged over a matter of hours before rebounding. Last month, Crash Proof Retirement told you about the cryptocurrency bubble and what it could mean for your retire...

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