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Crash Proof Retirement® Educates Consumers about Financial Risks

Crash Proof Retirement® hosted their first educational event of 2022 and received a resounding response from guests who expressed concerns about the monetary and legislative policies of the current government administration.  K...

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New IRS Life Expectancy Tables for 2022

New IRS Life Expectancy Tables for 2022: How Will They Affect Your Required Minimum Distribution?

Individual Retirement Arrangements (IRAs) and other types of tax-deferred retirement accounts provide a great way for investors to save money for retirement. If you invest in any IRA-based account or a 401(k), 403(b), or 457(b) plan, it is important to remember that y...

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The Falls at the Double Tree Event 12.28.21

Crash Proof Retirement® Honors Americans at Double Tree Event

King of Prussia, Pennsylvania — Retirement phase experts Phil Cannella and Joann Small answered the call of eager consumers in the state of New Jersey by hosting their first educational event in the state since January 2020. Held on December 7, 2021, at The Falls at T...

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Prescription Drug Prices Continue to Rise

Prescription Drug Prices Continue to Rise: What Happens When You’re in the Medicare “Donut Hole”

If you take prescription drugs and you have noticed higher prices at the checkout counter, it’s not your imagination. An American Association of Retired Persons (AARP) study on retail prices for 260 commonly used medications found that prescription drug costs rose at ...

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China’s Evergrande Group Misses Debt Payment: What This Could Mean for Your Retirement

China’s Evergrande Group Misses Debt Payment: What This Could Mean for Your Retirement

You probably remember the name Evergrande from late September 2021, when the Chinese real estate giant nearly missed an $83 billion bond interest payment on more than $300 billion in debt. The announcement that Evergrande risked missing this payment sparked a selloff ...

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Trouble Ahead for the Stock Market

“Big Short” Investor Michael Burry Predicts Trouble Ahead for the Stock Market

Hedge fund manager Michael Burry became a household name when he was portrayed by Christian Bale in the 2015 film The Big Short. That film, and the book from which it was adapted, tells the story of how Burry and a group of other investors predicted the collapse of the subprime mortgage market in 20...

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Reducing Your Debt before Retirement

Reducing Your Debt before Retirement: A Balancing Act

As you approach retirement age, your mind is probably on your investments—as it should be—but have you considered your debt situation? If you retire with too much debt, no amount of retirement income will cover all your expenses. Reducing your debt before you enter your golden years is an essential ...

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Older Workers Are Struggling to Stay in the Workforce

Older Workers Are Struggling to Stay in the Workforce: Will You Need to Retire Early?

The COVID-19 pandemic proved to be devastating to the employment prospects of Americans over 50 years of age. These workers were the most vulnerable to the coronavirus and many were laid off or took a hiatus until the pandemic was under control. Now, nearly two years ...

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Social Security Gets a Cost-of-Living Adjustment

Social Security Gets a Cost-of-Living Adjustment: Will It Be Enough to Cover Your Retirement Expenses?

In this period of high inflation, Social Security recipients received welcome relief in the form of a cost-of-living adjustment, or COLA. Since 1975, the United States Social Security Administration (SSA) has periodically increased monthly benefit amounts to correspon...

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Financial advisor warning signs

Financial Advisor Warning Signs

It is all too common for investors to place their retirement nest egg in harm’s way by investing in high-risk stocks, bonds, and mutual funds. Most investors are led to believe that the most efficient way to grow and maintain their nest egg in retirement is in these h...

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