Phil Cannella Explains Why Retirees Should Seek a Financial Specialist
Phil Cannella has said it time and time again, many financial advisors don’t have the best interests of their clients in mind, or they simply don’t have the experience or education to provide the right advice for people who are in their retirement years.
What Phil Cannella has learned through his years of research is that there actually are several IRS and IRA laws available that can be used to improve your financial position as a senior, but many financial advisors don’t know about them.
Think about the American men and women who retired in 1998 and 1999, just before that major crash in 2000 and 2001. They worked their entire adult lives saving their nest eggs and following the recommendations of their financial advisors who don’t have specialized training, and as a result don’t know how to effectively handle retired people’s savings. As a result, these seniors continued to follow the same financial model they pursued in their younger days, and it just doesn’t work once you are retired.
Think about the folks who worked their whole lives and retired in 2006, when everything seemed fine. The next year, and the year after, and even today, the economic bottom dropped out and many of these people are hurting for money today. Phil Cannella shows American retirees how to ensure that doesn’t happen to them. Learn more in Phil Cannella’s book, Crash Proof Retirement: The Planning Isn’t Over.