Tag Archives: Phil j Cannella III

Phil Cannella Comes to the Aid of Hurricane Sandy Victims – Phil Cannella Media

Phil Cannella made a meaningful contribution Phil Cannella – Phillip Cannella Media: Phil Cannella, made a strong and meaningful contribution to the victims of Hurricane Sandy. The physical and emotional devastation that natural disasters can bring about is very, very, very alarming. We’ve all seen this all too often and Phil Cannella has witnessed many himself in his very colorful life. Phil Cannella made a sizable donation It is for the betterment of the people around him that Phil Cannella decided to make a sizable donation Read More +

Phil Cannella Explains Asset Based Long Term Care – Phil Cannella Blog

Phil Cannella explains insurance coverage Phil Cannella – Phillip Cannella Blog: Phil Cannella explains that there are other ways to provide for long term care insurance coverage other than the traditional monthly or annual premiums that some are not too fond of. Phil Cannella factors in long term care as a crucial element As Phil Cannella explains it: “There’s a life insurance instrument called asset based long term care coverage (LTC) that provides the money you may need to cover medical care and assisted living Read More +

Phil Cannella Says Don’t Deplete Your Nest egg – Phil Cannella News

Phil Cannella warns to watch for life events Phil Cannella – Phillip Cannella News: Phil Cannella warns us to watch out for life events that may deplete out nest egg unexpectedly and he tells us to protect ourselves against such circumstances happening to us. What Phil Cannella is warning us about is the need for some form of long term care as one ages and the costs inherent with such care can be too much for 99% of our civilization to easily deal with. Phil Cannella Read More +

Phil Cannella Demands an End to Insider Trading – Phil Cannella Media

Phil Cannella – Phillip Cannella Media: Phil Cannella is not one to sit quietly while unscrupulous individuals take advantage of the everyday investor for their own profit. Exposing this type of behavior has become a vocal point for his Crash Proof Retirement™ program for the very purpose of bringing the truth to the American retiree. An excellent case in point is one that Phil Cannella points to as occurring too often: Insider Trading. What exactly is “Insider Trading” though? It could be defined very simply as Read More +

Phil Cannella Says “Plan for Longevity” – Phil Cannella Blog

Phil Cannella – Phillip Cannella Blog: Phil Cannella makes a very good point that if we only knew how long we were going to live, in other words if we knew when we would die we would certainly be able to plan out financial futures far better. Alas, that is just not possible. Phil Cannella explains that predictions can be made on a large group based on the laws of averages, but how do those averages relate to you. Phil Cannella points out that you could Read More +

Phil Cannella explains the Rule of 100 – Phil Cannella News

Phil Cannella – Phillip Cannella News: Phil Cannella examines a fundamental principle of the financial industry which is popularly known as the rule of 100. This is quite a simple rule really, that is based on the premise of how much risk an individual should be invested in and it gives you a good yardstick to follow. For more than 70 years as Phil Cannella explains, this guideline has been used and followed and has worked time and time again. The way it works is that Read More +

Phil Cannella Offers You a Safe Retirement – Phil Cannella News

Phil Cannella developes distinctive system Phil Cannella – Phillip Cannella News: Phil Cannella has developed a very distinctive system that enables anyone, who takes the time to get educated on his system to “crash proof” their investment accounts. All over the map you will hear about people offering risk-free retirement or safe retirement solutions or a variety of means to protect and preserve your nest egg. The question is, can all these people who claim they can do so, really and truly do so. Well, Phil Cannella Read More +

Phillip Cannella Blog: Phil Cannella Believes in Wealth Preservation

Phil Cannella – Phillip Cannella Blog: Phil Cannella poses an interesting question: If you were to venture on a journey through the mountains, over rough terrain, across the dessert, what sort of vehicle would you choose? You might say a Mercedes or a BMW or a Hummer! Really, what you would want is a safe, secure vehicle that can handle the designated journey ahead. Phil Cannella makes the analogy that your progress through life and specifically retirement requires vehicles where you keep your money or grow your Read More +

Phillip Cannella News: Phil Cannella Discusses Reverse Mortgages and Long Term Care

Phil Cannella – Phillip Cannella News: Phil Cannella has worked in the field of retirement for almost 40 years now. His focus was initially with the concerns of people as they age and require nursing home care, home health care or some form of long term care. Phil Cannella became a leading pioneer in long term care insurance and thereby helped thousands. As with so many things Phil Cannella tackles, he looks at them as a true professional and made it his business to understand a problem Read More +

Phillip Cannella Media: Phil Cannella Clarifies Who a Reverse Mortgage is Appropriate For

Phil Cannella – Phillip Cannella Media: Phil Cannella doesn’t think a reverse mortgage is right for everyone. On the contrary, Phil Cannella makes it very clear that each individual’s or families’ situation is different and varied and one must take a look at each by their own merits and determine what is right for the person or couple one is sitting in front of. Where a reverse mortgage is often right, as Phil Cannella explains, is with retirees who in many cases don’t have massive IRA accounts; Read More +

Phillip Cannella News: Phil Cannella Says Interest Bearing Investments = Protection in Retired Years

Phil Cannella – Phillip Cannella News: Phil Cannella explains that when we talk about fixed investments, the word “fixed” applies to your principal; you can’t ever lose it.  This is very different from fixed income, so it’s imperative that you recognize the distinction.  Phil Cannella goes on to say: “Fixed income generally refers to bond instruments, which are securities wherein your income is fixed but your principal remains subject to rising and falling interest rates.  As we have seen in the media, interest rates are extremely volatile Read More +

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 Read More +

Phillip Cannella Blog: Phil Cannella Looks at the Accumulation Phase and the Retirement Phase of Life

Phil Cannella – Phillip Cannella Blog: Phil Cannella, a true expert on retirement planning, and a man who has helped thousands of seniors lead a more secure and safe retirement by protecting their assets against market crashes, has looked at the differences between the accumulation phase of life and the retirement phase of life. Phil Cannella makes a point that in the Accumulation Phase when you work and sacrifice, save and invest, diversification is the name of the game.  You really only have one major goal Read More +

Phillip Cannella News: Phil Cannella Explains Where a “Roth IRA” Gets Its Name From

Phil Cannella – Phillip Cannella News: Phil Cannella, being a well-educated financial advisor, has studied IRA laws in depth including the differences, advantages and disadvantages alike between the Traditional IRA and the Roth IRA. Phil Cannella is a vocal proponent of Roth IRAs for the simple fact that once the taxes are paid on the monies, the account can grow tax-free and you will never face another penny of taxes on the principal or interest gained. The word “Roth” seems a little clumsy and Phil Cannella Read More +

Phillip Cannella Media: Phil Cannella Comments on the Benefits of a Roth IRA

Phil Cannella – Phillip Cannella Media: Phil Cannella is well versed in IRA regulations and the laws imposed by the IRS relating to retirement accounts and their tax favored status. Most people are well aware that a traditional IRA lets you grow your money on a tax-deferred basis which means that you don’t have to pay taxes on the monies you put into the IRA nor on its growth as long as the money sits in the IRA. As Phil Cannella explains, once you start taking distributions Read More +

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 Read More +

Phillip Cannella Blog: Phil Cannella Talks Frankly with the Inspector General About the Security of his Job

Phil Cannella – Phillip Cannella Blog: Phil Cannella expresses empathy in regards to some of the difficulties that come along with being Inspector General of the Securities and Exchange Commission in this short clip taken from his two-hour interview with H. David Kotz. Recognizing that Kotz has a burning desire to find the truth, Phil Cannella asks if he ever worries about getting so close to the truth that he might lose his job, a valid fear for someone in his position. While Kotz doesn’t deny the Read More +

Phillip Cannella Media: Phil Cannella’s Tips for Living Without Taxes During Retirement

Phil Cannella – Phillip Cannella Media: Phil Cannella proves time and time again that it really is possible to live out your golden years comfortably, receiving a steady income that allows you to maintain the lifestyle you are used to without handing over a large part of it to the IRS. The problem is that living without taxes during your retirement years requires specialized strategies that are only known about by retirement specialists. Phil Cannella’s Steps to Living Tax-Free During Retirement: 1)    Team up with a retirement Read More +

Phillip Cannella Blog: IRA Distribution Mode, an Exit Strategy Revealed by Phil Cannella

Phil Cannella – Phillip Cannella Blog: Phil Cannella is on a mission to help Americans live the American dream of retiring comfortably and securely. He helps his clients avoid the Required Minimum Distribution (RMD), which can lead to heavy erosion and taxation of your financial accounts during your retirement years. As a retirement financial specialist, Phil Cannella knows that you can bypass the RMD and turn your nest egg into tax-free vehicles that remain tax-free even after you begin to take income from them. Phil Cannella has Read More +

Phillip Cannella Blog: Phil Cannella Explains the Process of Probate

Phil Cannella – Phillip Cannella Blog: Phil Cannella is certainly very knowledgeable in all areas of retirement planning. He has spent much time learning the laws and regulations relating to the planning of a seniors finances so that he can most optimally counsel and advise his clients. One of the areas of Phil Cannella’s expertise is in the area of probate. Phil Cannella tells us what probate is as when saying, “Probate is the legal process of assessing the assets one has accrued during their lifetime and Read More +

Phillip Cannella News: Phil Cannella, An Expert on Legacy Planning

Phil Cannella – Phillip Cannella News: Phil Cannella understands that planning for retirement also includes what is known as legacy planning that factors in and provides for what one is leaving behind and for whom. It is not as simple as just making a will. As Phil Cannella explains there are tax implications that need to be considered. As Phil Cannella puts it: “You can leave a legacy behind and the way to do it is by structuring your IRA accounts in such a way that you Read More +

Phillip Cannella Media: Phil Cannella On Creating a Legacy

Phil Cannella – Phillip Cannella Media: Phil Cannella emphasizes that when one creates a retirement plan one needs to look at many factors in order to devise the right plan for the individual’s or family’s needs. Phil Cannella makes the point that there is no cookie-cutter approach to retirement planning. This is where Phil Cannella lays an emphasis on the objectives and goals of an individual as well as his or her tolerance for risk in order to properly and accurately advise. Another overriding factor is what Read More +

Phillip Cannella Media: Phil Cannella Teaches the Cost of Complacency

Phil Cannella – Phillip Cannella Media: Phil Cannella verbalizes time and time again the importance of protecting the nest egg you have worked so hard all of your life to earn. When it comes to your nest egg, the worst thing you can do is be complacent. For the majority of retirees, being complacent doesn’t really mean you have to understand how to personally invest your money; it simply means you aren’t keeping an eye on what your financial advisor is doing for you. That’s because too Read More +

Phillip Cannella Blog: How to Bypass the Required Minimum Distribution Law

Phil Cannella – Phillip Cannella Blog: Phil Cannella wants to ensure more retirees understand what is ahead of them financially during the retirement years. If you know of the Required Minimum Distribution (RMD), you know it means that by April 1st of the year after you reach age 70½, you will be required to withdraw from your retirement accounts whether you need it or not, and that you’ll be taxed twice on the money you pull out.   Fortunately, there is a way to bypass the RMD. Read More +

Phillip Cannella News: Phil Cannella Explains Required Minimum Distribution

Phil Cannella – Phillip Cannella News: Phil Cannella doesn’t just provide financial advice, he provides specialized advice for American retirees to ensure that they secure their nest egg for their entire life. One of the strategies he uses in working with his clients is helping them avoid the high taxation that can occur as a result of the Required Minimum Distribution (RMD).   But what exactly is the RMD? By April 1st of the year after you reach age 70½, federal tax law states that you must Read More +

Phillip Cannella Media: Phil Cannella Appeals Us to Reduce Our Retirement Risk

Phil Cannella – Phillip Cannella Media: Phil Cannella talks much about risk. People use the word very casually but forget its deep meaning and even deeper consequences. Many people don’t mind risk until they have lost what they didn’t want to lose which is what the “risk” was. Phil Cannella urges all of us, but especially those in and approaching retirement to protect what they have made and eliminate risk. This is not a matter to treat lightly if you are moving into your retired years for Read More +

Phillip Cannella News: Phil Cannella Explains the Most Fundamental Financial Commandment

Phil Cannella – Phillip Cannella News: Phil Cannella, as has been covered elsewhere, is a strong believer in retirees putting some of their assets into vehicles that afford protection from market crashes. This is the core principle behind his Crash Proof Retirement System™.   One of the guiding principles of Phil Cannella’s beliefs is contained in what he calls a “financial commandment” and it goes like this, “The most fundamental financial commandment in investing is ‘get in low; get out high.’ Yet, most advisors didn’t.  In Read More +

Phillip Cannella Blog: Phil Cannella: Another Page From His Philosophy

Phil Cannella – Phillip Cannella Blog: Phil Cannella tells us not to let history repeat itself and more concisely to observe the past and thereby predict the future and thereby live a better life. This is one of Phil Cannella’s philosophical points.   A brief study of the history of the stock market will tell you that the markets rise and rise and rise and then crash and then rise and rise and rise and then crash. The thing is, no one can really predict the crash, Read More +

Phillip Cannella News: Phil Cannella Explains His Most Powerful Weapon

Phil Cannella – Phillip Cannella News: Phil Cannella Phil Cannella employs what he calls the Sword of Truth in order to bring about the success of his Crash Proof Retirement System™.   In Phil Cannella’s own words, “As you can see, the Sword of Truth is a powerful weapon for me – and for anyone who wants to use it. I’m not just a financial professional – I think of myself as a financial lifesaver and I strive to be a financial apostle. I travel all Read More +

Phillip Cannella Media: Phil Cannella Guides Retirees

Phil Cannella – Phillip Cannella Media: Phil Cannella knows exactly how difficult it can be for a senior, or anyone for that matter, to navigate the dangerous and unknown waters of the financial world. Wall Street is like an ocean where sharks and other perils are sitting just underneath the surface ready to strike an unsuspecting sailor in his course to safety. According to Phil Cannella there are far too many undisciplined financial professionals who wreak havoc on the retirement accounts of seniors through their unscrupulous activities Read More +