Blog - Crash Proof Retirement - Page 3
Hi, How Can We Help You?

Blog

Congress Averts a Debt Ceiling Crisis But Your Retirement Future Remains Uncertain

Congress Averts a Debt Ceiling Crisis But Your Retirement Future Remains Uncertain

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 More
Can You Count on Social Security When You Retire

Can You Count on Social Security When You Retire?

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 More
High Inflation Has Seniors Facing “Unretirement”

High Inflation Has Seniors Facing “Unretirement”

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 More
fed raises interest rates

The Impact of the Federal Reserve’s Most Recent Rate Hike

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 More

The Collapse of Silicon Valley Bank: Is This a Repeat of 2008?

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 More

How Does the Crash Proof Retirement System Work?

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 More

Achieving Income Security in Retirement

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 More

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...

Read More
How Bernie Madoff Defrauded Investors and Outsmarted the SEC

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...

Read More
Retirement Roundup 2022

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...

Read More