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.
Congress Averts a Debt Ceiling Crisis But Your Retirement Future Remains Uncertain
- June 8, 2023
- By: Phil Cannella
- Blog
- 0 Comment
After months of negotiations, Congress finally came to an agreement that will raise the United States borrowing limit and fully fund the government through January 2025. Although markets reacted positively when President Joe Biden signed the final agreement on June 3,...
Read MoreCan You Count on Social Security When You Retire?
- May 2, 2023
- By: Phil Cannella
- Blog
- 0 Comment
Two recent reports released jointly by the U.S. Department of the Treasury and several other government agencies have revealed shocking news for the nation’s retirees: The Social Security Tr...
Read MoreHigh Inflation Has Seniors Facing “Unretirement”
- April 28, 2023
- By: Phil Cannella
- Blog
- 0 Comment
As inflation has soared during the COVID-19 pandemic and beyond, a growing subset of retirees have been forced to return to work. Data from an April 2022 report by job website Indeed showed that 3.2% of workers who were retired t...
Read MoreThe Impact of the Federal Reserve’s Most Recent Rate Hike
- March 30, 2023
- By: Phil Cannella
- Blog
- 0 Comment
The Federal Reserve’s string of interest rate hikes continued on March 22, 2023, when they raised their benchmark interest rate another 25 basis points to a target rate between 4.75% and 5%. This increase marks the ninth rate hike since March 2022. While these interes...
Read MoreThe Collapse of Silicon Valley Bank: Is This a Repeat of 2008?
- March 22, 2023
- By: Phil Cannella
- Blog
- 0 Comment
In the largest bank failure since Washington Mutual in 2008, regulators forced Silicon Valley Bank (SVB) to close on Monday, March 10, 2023. This collapse sent waves throughout the financial industry and left investors wondering if this could be the start of a more w...
Read MoreHow Does the Crash Proof Retirement System Work?
- February 24, 2023
- By: Crash Proof Retirement
- Blog
- 0 Comment
Ever since Phil Cannella developed the Crash Proof Retirement System in response to the 2001 stock market crash, he has had his fair share of detractors. Those who make a living by selling risky, securities-based investments have a hard time believing that consumers c...
Read MoreAchieving Income Security in Retirement
- February 24, 2023
- By: Crash Proof Retirement
- Blog
- 0 Comment
American retirees face a multitude of financial risks, not the least of which is income insecurity. For those who depend on their retirement investments to provide adequate income, inflation, stock market crashes, and more can sap them of the money they need to surviv...
Read MoreHow Will the 2023 Debt Ceiling Battle Affect Your Retirement Plans?
- January 26, 2023
- By: Phil Cannella
- Blog
- 0 Comment
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...
Read MoreHow Bernie Madoff Defrauded Investors and Outsmarted the SEC
- January 26, 2023
- By: Crash Proof Retirement
- Blog
- 0 Comment
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...
Read MoreRetirement Roundup 2022
- January 3, 2023
- By: Phil Cannella
- Blog
- 0 Comment
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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