Phillip Cannella Media: Phil Cannella Poses Questions to Answer Before and During Retirement

Phil Cannella – Phillip Cannella Media: Phil Cannella takes a step back to take a good hard look at your retirement so as to effectively plan for it. There is no cookie cutter approach to dealing with your retirement, no two cases, no two individuals are exactly alike. Phil Cannella observes that each and everyone of us and our individual needs are different and must be assessed independently.

Phil Cannella points out that, “you have worked long and hard; you are at the summit of your financial mountain. Now you are about to come down the other side of that mountain. You will use different financial muscles climbing down than you did climbing up. In other words, your financial strategy must change before you enter the Retirement Phase. You must start to move away from the thinking you employed in the Accumulation Phase, and the more risky investments you chose, to a more conservative approach, with the goal of preserving your nest egg always at the top of your mind. You must ensure that your nest egg lasts as long as you and your spouse do. Furthermore, you have to prevent erosion of your accounts by staying ahead of inflation by at least 2% or 3%. It might sound difficult, but it’s not as hard as it once was. Since 1995, breakthroughs in the insurance industry means that American retirees don’t have to take on any market risk or ongoing fees and can stay ahead of inflation and plan for health care risks.”

Phil Cannella has done the research into those financial vehicles that can help you achieve these types of goals and more. It is these financial vehicles that Phil Cannella proudly uses in his Crash Proof Retirement System­™ to help seniors with their retirement goals.