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. © 2023 Crash Proof Retirement®, All Rights Reserved.
Expert Report: When and How to apply for Medicare
Phil Cannella's Expert Report airs Live Tuesdays at 7:30 AM and Thursdays at 3:30 PM on Talk Radio 1210 WPHT in Philadelphia. In this expert report Phillip Cannella explains the details between the different types of Medicare, and provides advice on when and how to ap...
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How Will the 2023 Debt Ceiling Battle Affect Your Retirement Plans?
The United States officially hit its debt limit on Thursday, January 19th, 2023, sparking another Congressional battle that could have serious ramifications for American retirees and the glo...
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How Bernie Madoff Defrauded Investors and Outsmarted the SEC
The recent Netflix documentary series “Madoff: The Monster of Wall Street” outlines the life and various crimes of notorious Ponzi schemer Bernie Madoff. Throughout the series, a number of e...
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Retirement Roundup 2022
2022 was a difficult year for American retirees and those who are saving for the future. Various factors combined to reduce the amount of disposable income that Americans have to put into their retirement accounts, and a sluggish economy caused the stock market to plu...
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401k Hardship Withdrawals Hit Record High in 2022
New data from the investment firm Vanguard shows that more Americans than ever before are taking hardship withdrawals from their 401k plans. In October 2022, the percentage of 401k plan participants who withdrew money from their accounts due to immediate financial nee...
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Asset Based Long-Term Care
Americans over the age of 65 are disproportionately covered against the rising cost of long-term care expenses despite having access to certain resources that could mitigate these expenses. In fact, the cost of needing long-term care represents one of the largest fina...
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Avoiding Probate
A complex part of retirement preparation is transferring your assets to your heirs. If done incorrectly, that transfer could cause undue taxes and fees that will diminish the legacy that your loved ones get to enjoy. Common ways to dictate the passing down of assets t...
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This Week’s Radio Show: Inflation Fighters
When the COVID pandemic began and the federal government introduced stimulus efforts to prevent a total economic collapse, Retirement Phase Experts Phil Cannella and Joann Small knew that the government’s actions would eventually lead to issues with debt and inflation...
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Crash Proof Principles: Risk Tolerance
The stock market’s annual September slump is a good reflection point for investors to account for the amount of risk that’s within their portfolios, and to prepare an investment strategy to regain their losses during the final quarter of the year. To identify areas of...
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Inflation Eased in October; Why Are Consumers Still Feeling the Pinch?
A recent report from the Bureau of Labor Statistics contained some positive news for consumers in the...
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