Phil Cannella
Who is Phil Cannella?
Phil Cannella is a Philadelphia native who has spent almost four decades helping seniors overcome their challenges. It was an early family tragedy that put Phil Cannella on his lifelong path. His grandfather suffered a stroke and his family faced financial devastation. Phil Cannella’s father, already working long hours as a milkman, had to take a second job and Phil had to drop out of college to help out. But Phil Cannella made a career out of the lessons of that tragedy by pioneering long-term-care insurance in the 1970s. Many of the contracts that Phil Cannella designed are still in use.
As the years passed Phil Cannella expanded his knowledge of retiree finances so that he could be an even greater resource to his clients. Phil Cannella worked hard to become an expert in IRA rules and IRS regulations. Phil Cannella later put many of these insights into a book, Crash-Proof Retirement: The Planning Isn’t Over, which Phil Cannella now gives away at his educational events. Around the same time, Phil Cannella founded First Senior Financial Group in order to help retirees “crash proof” their nest eggs so that they don’t lose money when the stock market declines or even crashes.
Who is Phil Cannella?
Phil Cannella is a passionate believer that retirees have no business putting their money into stocks, bonds and mutual funds. During educational events held by Phil Cannella throughout the tri-state area (Pennsylvania, New Jersey and Delaware) Phil Cannella stresses the difference between “accumulation-phase” advisors and “retirement-phase” advisors. Phil Cannella explains how financially reckless it is for retirees to continue to work with accumulation-phase advisors. Phil Cannella also stresses the importance of dealing with an advisor who truly cares. Phil Cannella is a avid Senior Advocate, and expresses that on The Crash Proof Retirement Show™.
In 2008 when leading media companies refused to give Phil Cannella air time to inform retirees that there is an alternative away from stocks and bonds, Phil Cannella used his own money to launch The Crash Proof Retirement Show. In addition to informing retiree listeners of crash proof alternatives, Phil Cannella has embarked on a campaign to get straight answers from top officials regarding the tough issues that affect seniors’ lives. Phil Cannella has personally conducted interviews with Congressman Mike Fitzpatrick, FBI Cyber-Crime expert Brian Herrick, SEC Inspector General H. David Kotz and others.