Phil Cannella is a Philadelphia native who has spent virtually 4 decades helping seniors overcome their challenges. It was an early family tragedy that put Phil on his lifelong path. His grandfather suffered a stroke and his household confronted monetary devastation. Phil鈥檚 father Austin Bryant Rush Jersey , already working lengthy hours as a milkman, had to take a second job and Phil had to drop out of college to assist out. However Phil made a profession out of the lessons of that tragedy by pioneering lengthy-time period-care insurance coverage within the 1970s. Most of the contracts that he designed are nonetheless in use.
As the years passed Phil expanded his data of retiree finances so that he may very well be an even better resource to his clients. He labored hard to develop into an knowledgeable in IRA guidelines and IRS regulations. He later put many of these insights right into a book, Crash-Proof Retirement: The Planning Isn鈥檛 Over Will Harris Rush Jersey , which he now offers away at his educational events. Around the same time, he founded First Senior Monetary Group with the intention to help retirees 鈥渃rash proof鈥?their nest eggs so that they don鈥檛 lose money when the inventory market declines and even crashes.
Phil is a passionate believer that retirees have no business placing their cash into stocks, bonds and mutual funds. On the educational occasions he holds all through the tri-state space (Pennsylvania Jahlani Tavai Rush Jersey , New Jersey and Delaware) he stresses the distinction between 鈥渁ccumulation-section鈥?advisors and 鈥渞etirement-part鈥?advisors. Phil explains how financially reckless it’s for retirees to proceed to work with accumulation-phase advisors. He additionally stresses the significance of dealing with an advisor who actually cares.
In 2008 when main media firms refused to give him air time to inform retirees that there was a protected haven for them away from stocks and bonds, Phil used his personal cash to launch The Crash Proof Retirement Show. In addition to informing retiree listeners of crash proof alternate options, he has launched into a campaign to get straight answers from high officers relating to the robust issues that affect seniors鈥?lives. He has personally carried out interviews with Rep. Mike Fitzpatrick T.J. Hockenson Rush Jersey , FBI Cyber-Crime expert Brian Herrick, SEC Inspector Basic H. David Kotz and others.
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