Phillip Cannella Media: Phil Cannella Details the Fixed Investment Advantage

Phil Cannella – Phillip Cannella Media: Phil Cannella has looked at the advantages of fixed investment vehicles for seniors and sheds some piercing insight as to why these are right for people in retirement.

As Phil Cannella puts it: “The most advantageous financial instruments for people in retired years are fixed investments.  This is in part because of their safe positions away from the stock market.  When you own products from a premier class of fixed annuities, you’re protected against loss of principal and aren’t subject to market fees.  Most importantly, you have greater potential for growing your account ahead of inflation.  Potential growth ahead of inflation without market risks or fees – that means no erosion of your accounts.  Sound too good to be true?  It isn’t.”

Phil Cannella goes on to explain that fixed investments bring with them three very clear and important advantages that a retiree will want to capitalize on:

·         Guaranteed Principal

·         Tax-Deferred Interest Accumulation

·         Guaranteed Income for Life, if Desired

This is why Phil Cannella utilizes such investment vehicles in the crash proof retirement system. All in all they make the most sense for the consumer in his or her retired years. What Phil Cannella is indicating is that when someone approaches or is in retirement risk has to be eliminated from their portfolio or minimally form that part of their portfolio they depend on to live out their retirement.