Phillip Cannella Blog: Phil Cannella Speaks on the Prospect of Higher Taxes

Phil Cannella – Phillip Cannella Blog: Phil Cannella, a retirement specialist, focuses on helping those in their retired years lead a successful and comfortable retirement. Phil Cannella does this through expert guidance with an individuals or family’s finances.

One of the issues Phil Cannella has with retirement is that social security, which is professed to be there to provide for people once they hit the age of 65, will not have sufficient resources to last another 10 – 20 years unless taxes are increased or government spending is drastically reduced. It is just a mathematical fact that must be realized. This is why Phil Cannella emphasizes so heavily that people need to crash proof their assets so that they don’t have to rely on social security in case changes in the law are passed that may impact on the individual’s social security check later in life. By crash proofing one’s assets one is at least assured that one’s investment principal will always remain intact other than what one pulls out of it oneself.

This was the central principle behind Phil Cannella creating the Crash Proof Retirement system. He wanted people in and approaching retirement to be able to enjoy their Golden Years just as they had always hope and planned for during their working years.