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. © 2020 Crash Proof Retirement ®, All Rights Reserved.
President-Elect Biden’s Retirement Agenda
- December 28, 2020
- By: Phil Cannella
- Blog
- Comments are off
As the United States makes the transition from the Trump presidency into President-elect Biden’s administration, it is important that investors in or near retirement take a close look at the President-elect’s policy proposals as they relate to retirement saving. Adjustments to the U.S. tax code and ...
Read MoreThe Dow Jones Hit 30k: Now What?
- December 5, 2020
- By: Phil Cannella
- Blog
- Comments are off
After the Dow Jones Industrial Average closed at a record high of 29,950 on February 12th, 2020, the index experienced its fastest crash in history, dropping nearly 11,000 points from February 20th to March 23rd. Concerns about the COVID-19 pandemic, nationwide busin...
Read MoreAre More Shutdowns on the Way? What it Could Mean for Your Retirement
- December 3, 2020
- By: Phil Cannella
- Blog
- Comments are off
When the World Health Organization declared COVID-19 a global pandemic back in March, government officials across the globe scrambled to find ways to prevent the spread of this deadly virus. To address the situation, officials decided that lockdown measures would be a good way to discourage large ga...
Read MoreAccumulation Phase vs. Retirement Phase: What’s the Difference?
- December 3, 2020
- By: Phil Cannella
- Blog
- Comments are off
When saving for retirement, your age should dictate the aggressiveness of your investment strategy, but regardless of how high (or low) your number is, you will fall into one of two distinct investment phases — the accumulation phase and the retirement phase. Depending on which phase you’re in, it m...
Read MoreCrash Proof Retirement ® Recognized During Pandemic
- November 13, 2020
- By: Phil Cannella
- Blog
- Comments are off
KING OF PRUSSIA, Pennsylvania — Consumers praised Founder Phil Cannella, CEO Joann Small, and their team at Crash Proof Retirement ® for their many years of consumer advocacy and their unwavering effort to educate consumers about ways to protect their retirement savings from uncertain...
Read MoreAmericans Are Failing at Retirement
- October 29, 2020
- By: Phil Cannella
- Blog
- Comments are off
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 MoreCOVID Vaccines, Stimulus Packages, and the Stock Market Roller Coaster
- October 29, 2020
- By: Phil Cannella
- Blog
- Comments are off
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 MoreHow Will the 2020 Election Affect Your Retirement?
- October 29, 2020
- By: Phil Cannella
- Blog
- Comments are off
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 MoreCOVID’s Impact on Annuities
- October 20, 2020
- By: Phil Cannella
- Blog
- Comments are off
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 MoreCOVID Pandemic Highlights the Need for Long-Term Care
- October 8, 2020
- By: Phil Cannella
- Blog
- Comments are off
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...
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