Monthly Archives: March 2013

by Phil Cannella One of the dedicated employees at Retirement Media, Inc. passed this link along to me today, and needless to say I was ecstatic to see that myself, Joann Small, and Crash Proof Retirement™ were being recognized in the media once again. This time, Profile Magazine decided to cover Crash Proof Retirement™, First Senior Financial Group, Retirement Media, Inc. as well as myself and Joann Small. The article starts by talking about my upbringing and the medical emergency that led to me founding Read More +

by Phil Cannella Our friend Michael Smallberg with the Project on Government Oversight (POGO) is back again with another damning report of the Revolving Door between Washington regulators and Wall Street Financial Firms. It seems that not only is the Revolving Door still spinning, but that private firms are also offering their executives big bonuses for taking high-ranking government jobs, bonuses that would not be available to them if they took jobs at competing private sector firms. You may remember Mr. Smallberg from his appearance Read More +

by Phil Cannella This Saturday, I have a very special Crash Proof Retirement Show® for my loyal listeners, so make sure to tune in. My guest will be Dr. Bruce Rader, Assistant Professor of Finance from Temple University’s Fox School of Business. For those of you who have been following me, Dr. Rader was one of the other expert panelists invited to appear on Larry Kane’s “Voice of Reason” along with myself and Ryan Sweet, Senior Economist with Moody’s Analytics. We were all invited onto Read More +

by Phil Cannella The Employee Benefits Research Institute (EBRI) released its yearly Retirement Confidence Survey (RCS) on Tuesday this week, and the results were not exactly looking rosy. The survey found that retirement confidence took a dip this year, after rising slightly in 2012. It seems that retirees now are much less confident that they will have enough money in their savings to make it through retirement. The EBRI has been conducting the RCS since 1993, measuring confidence about retirement by surveying people in or Read More +

by Phil Cannella I wanted to let all of my listeners, clients and fans know that “Voice of Reason” with Larry Kane will be re-airing this Wednesday, March 20th at 5:30 PM on the Comcast Network. That’s Channels 8 and 845 for Comcast subscribers; if you have a different provider, you should check your local listings. Once again, I was honored to be invited to speak to a journalist of Larry Kane’s caliber and also proud to be included in a panel with such respected Read More +

by Phil Cannella I was ecstatic last week when I found out I was invited to appear on “Voice of Reason” with Larry Kane. Truly, I was honored to be invited to speak with such a legendary journalist for a panel discussion about the current state of the economy. I wanted to let all my readers (and listeners of the Crash Proof Retirement Show®) know about my appearance so they can tune in and watch this Sunday, March 17th at 9:30PM and again on Wednesday, Read More +

by Phil Cannella Many news outlets are reporting this morning that the Dow Jones Industrial Average has reached a record high (here’s the New York Times’ take on it).  Five years ago, the Dow Jones closed above 14,000, and today it has shattered that record.  But does that mean everything’s fine now, and that it’s safe to put your money at risk on the stock market again? I would say no. At times when the stock market is up, people tend to feel more confident investing Read More +