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.
Evergrande: How a Chinese Real Estate Company Caused Chaos in the U.S. Stock Market
- October 4, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Chinese real estate developer Evergrande became the center of international attention as market investors around the world waited with bated breath to see if the company would be able to meet their financial obligations. Evergrande, one of the largest development comp...
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Fed Announces Possible QE Tapering and Interest Rate Increases in 2022
- October 4, 2021
- By: Phil Cannella
- Blog
- 0 Comment
After a rough week for the stock market, Federal Reserve Chairman Jerome Powell announced new monetary policy changes following a scheduled Federal Open Market Committee (FOMC) meeting on Wednesday, September 22nd, 2021. These ch...
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Crash Proof Retirement Shows Premieres on WFLA in Tampa Bay, FL
- September 20, 2021
- By: Phil Cannella
- Blog
- 0 Comment
The Founder of Crash Proof Retirement Phil Cannella, CEO Joann Small, and the entire Crash Proof Retirement Team were thrilled to debut the one and only Crash Proof Retirement Show on...
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Consumer Debt Soars in Second Quarter of 2021
- August 31, 2021
- By: Phil Cannella
- Blog
- 0 Comment
If you are anything like the average American, you are on a budget, and you may have noticed that the cost of consumer goods has skyrocketed during the COVID-19 pandemic. According to the New York Federal Reserve, consumer debt has increased more in one quarter (from ...
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Is Now the Right Time to Downsize Your Home?
- August 31, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Many Americans choose to downsize their lives as they approach retirement by selling their house, switching to a more economical car, or selling unused antiques that were taking up closet space. This can be an excellent retirement strategy as it allows a person to dec...
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Delaying Social Security
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Claiming Social Security prior to reaching the full retirement age of 67 years old reduces the monthly payment that beneficiaries receive, yet most individuals taking Social Security activate their income payments immediately after reaching age 62. 35% of men, and nearly 40% of women begin collectin...
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Multilevel Marketing Schemes: Always a Risky Investment
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
At Crash Proof Retirement, we are dedicated to helping people in or near retirement protect their nest eggs from the risk and fees of Wall Street. While this is an important part of our mission, we also feel that it is our responsibility as consumer advocates to raise awareness about common scams so...
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Is Another Housing Market Crash Right around the Corner?
- August 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
If you are shopping for a new home, or if you are trying to sell your home, you have probably noticed a dramatic price increase over the past year. According to real estate website Redfin, over half of all homes on the market today are selling above their listing price. Inflated home prices have led...
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Fiduciary Responsibility in Retirement Planning: What Does it Mean?
- July 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
There are many different types of professionals who have a fiduciary duty to their clients. Trustees, doctors, lawyers, and legal guardians are just a few examples. Having a fiduciary responsibility means that a person is legally and professionally obligated to repres...
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China’s Cryptocurrency Crackdown: Could It Affect Your Retirement Plans?
- July 5, 2021
- By: Phil Cannella
- Blog
- 0 Comment
Cryptocurrency markets were severely shaken recently as the price of Bitcoin and other digital currencies plummeted over fears of a crackdown on cryptocurrency mining by the Chinese government. As the world’s largest Bitcoin mining hub, China’s policies regarding cryp...
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