Phil Cannella Reviews • Phil Cannella Lawsuit • Phil Cannella Complaints:
“Well I was just sitting here thinking about all the 401k’s and what the individual is left to do is to leave that decision making of how they should invest with the third party administrators, so they don’t have a lot of choices. They don’t have a lot of safe choices, which I think is really the unfortunate part of the individual saving in these 401k programs.”
Alicia Munnell: “So, Phil, the only thing I would say you know is there is this trade off, unfortunately but it’s there, between safety and return. You know you get rewarded for taking risks, and so everybody could from the day one just invest in treasury bills, and that would be safe, but you’d have to put aside an awful lot of money to have anything meaningful at retirement, so it’s this unfortunate tradeoff between risk and return and we just can’t get away from it.”
Phil Cannella: “And that’s why I think what we have here at Crash Proof Retirement™ is the perfect compromise between risk and return.”
Hear more from the interview with Phil Cannella and Alicia Munnell on The Crash Proof Retirement Show®. Saturdays at 11am and Sundays at 1pm on Talk Radio 1210AM, WPHT!
Phil Cannella Interviews Alicia Munnell: Part 30
Phil Cannella: “One of the questions I always enjoy asking each of our guests on The Crash Proof Retirement Show® is what do you do for a hobby? It seems to me like you work so hard you might not have time for yourself. What are your hobbies?”
Alicia Munnell: “I used to be able to say normal things like, I ski, I play tennis, I play with my grandchildren, but I’ve become a bridge fanatic, I love bridge.”
Phil Cannella: “That’s great, that’s great.”
Joann Small: “That’s a great game.”
Hear more from the interview with Phil Cannella and Alicia Munnell on The Crash Proof Retirement Show®. Saturdays at 11am and Sundays at 1pm on Talk Radio 1210AM, WPHT!