Founder of Crash Proof Retirement® Phil Canella provided real financial solutions for hard-working Americans in Delaware County so they can learn more about how to protect their nest eggs from the economic risks of inflation, debt, and the policies of the current administration.
KING OF PRUSSIA, Pa., April 21, 2022 /PRNewswire-PRWeb/ — Phil Cannella, Retirement Expert, and CEO of Crash Proof Retirement® Joann Small received thunderous applause from more than 130 guests at the Springfield Country Club after an impassioned presentation of financial solutions to deal with the current administration’s politicization of retirement portfolios. The educational event was an eye-opening experience, filled with historical relevance, undeniable truths, and well-researched evidence of financial solutions for the American retiree.
Audience members expressed concerns about high inflation and the impact it is having on their retirement portfolios and on Wall Street. “The stock market is really taking a hit, the supply chain is causing a lot of problems and again there are no solutions coming from the Biden administration to fix this problem,” said Jean Warringtonresident of Woodlyn, Pennsylvania. “We’re going to throw another billion dollars there, another billion dollars here – he has no solution.” Based on these concerns, Phil Canella explained the security of the financial life insurance industry and how, unlike Wall Street, the Crash Proof Retirement® system remains immune to government interference.
“[The Financial Life Insurance Industry] is so strong that the government cannot take control of these accounts,” Cannella said. “The government can take over the banking industry and they can take over Wall Street and don’t think they can’t because it was exercised in 1933 and labeled as the Great Depression.” millions of Americans couldn’t get back the money they lost during the Great Depression, Cannella referenced legendary baseball player Babe Ruth.At the time, the Yankee slugger had a Crash Proof investment ® in the financial life insurance industry, and not only did Babe not lose a single penny of his investments during the Depression, but he also retained access to his money.
Today, United States suffers from a similar type of financial uncertainty as high inflation, rising debt and international crises put pressure on the American retiree. Using well-documented evidence, Cannella attributed high inflation to massive government spending and the Federal Reserve’s currency overprint. “80% of the money in circulation today was printed in the last two years,” Cannella illustrated. Cannella was referring to the peak of M1, which is the Federal Reserve’s measure of money supply in United States. “It’s like taking a liter of freshly squeezed orange juice and diluting it by adding a pitcher of water.” The Fed’s overprint in conjunction with the federal government’s massive stimulus spending efforts overheated the economy and led to the inflationary pressures Americans are feeling today, as well as the volatility felt in the stock market.
While these issues are important for all American retirees, they are especially critical for women in or near retirement. Peg Panichelliresident of Springfield, Pennsylvania brought her friend Micheline Kuhn at the event to learn about saving money in the face of crippling inflation. “This economy is a killer,” Panichelli said. Although Panichelli and Kuhn continue to work, Kuhn wants to gain the financial security to retire comfortably. “I’m scared to death of stocks and especially at my age I’m scared to take that risk,” Kuhn said. “By keeping the money in the bank, I gain nothing.”
Panichelli has attended educational Crash Proof Retirement® events in the past and convinced her friend that now was the time to educate herself. Recognizing the importance of receiving a financial education, Panichelli encourages other women, especially married women, to take more control of their financial future. “We don’t have men in our lives at this point and we’re doing it on our own, so we’re doing what we have to do,” Panichelli said. “Women should go out, even if you’re married, you never know what’s going to happen tomorrow.”
Throughout the program, Cannella pointed to a litany of failures by the current administration that are creating a national economic crisis and in turn threatening the security of America’s nest egg. These failures included, but were not limited to: rising crime levels, supply chain disruptions, doubling of gas prices, closure of the Keystone pipeline, inflation peaking at 40 years of massive government spending and millions of immigrants flooding the southern border and the costs associated with housing, feeding, providing health care and transporting these illegal migrants. Perhaps the most embarrassing failure, according to Cannella, is the weakness of the current administration’s efforts to represent United States on the world stage.
“If this is what the current administration has been doing for the past 12 months, with no solution and pointing the finger at everyone but themselves, where do you think we’re going to be in the next three years?” Cinnamon asked. “You better be prepared and not prepare, because this administration is going down the retirement highway to politicize your wallet with higher taxes and is driving this country into a financial crisis.”
Although Cannella was telling the truth, a woman in the audience took offense to the argument, shouting at Cannella “you said at the beginning not to do politics, [but] you were political all along.” As the outburst continued, Cannella proclaimed he was a proud American and asked if she considered herself the same, stating, “So you better worry about what happening in this country.”
After the event, Cannella was asked what he thought of the explosion, stating that Heckler was in denial. “She obviously couldn’t bear to hear what the Biden administration did and I’m not sure why she came to the event.” While these educational events are not political, Cannella says “the last 12 months of this administration have shown the politicization of America’s retiree pocketbooks” and believes this is information Americans need to hear.
Jeff Readinga Delaware County resident of Broomall, Pennsylvania understood Cannella’s message about the current administration’s political disasters after listening to The Crash Proof Retirement Show®. Reading came to the event to learn more about the solutions Cannella has championed for nearly two decades with the Crash Proof Retirement® system. “The current administration – they’ve made a lot of people nervous about what’s going to happen next; therefore you have to plan and prepare,” Reading said. “I just want to be able to keep enough money to eventually give it to the kids, that’s the ultimate goal.”
Phil Canella and Joann Small will host their next Crash Proof Retirement® educational event on April 26 at the falls of the double tree at Mount Laurel, New Jersey. Additionally, the Crash Proof Retirement® team will be hosting other educational events in May and June. To reserve your spot at one of their upcoming educational events, call 800-722-9728 or visit https://crashproofretirement.com/crash-proof-retirement-events/.
Crash Proof Retirement, LLC is a one-of-a-kind consumer-focused financial retirement planning company with offices located in King of Prussia, Pennsylvania and West Palm Beach, Florida which is dedicated to protecting investors’ nest eggs. Led by Founder Phil Canella and CEO Joann Small, these frames lead the way with their own specially designed Crash Proof Retirement® system. Although Cannella and Small have traveled different paths throughout their careers, they eventually joined forces with the common goal of educating the public about the dangers of Wall Street’s junk stocks, economic disasters, bankruptcies. , government takeovers and more. Cannella and Small have protected over 5,000 consumers using the Crash Proof Retirement® system and are on a mission to create a consumer advocacy company that investors can rely on and have peace of mind throughout. retirement. For more information, visit http://crashproofretirement.com or tune into The Crash Proof Retirement Show®, which airs on the philadelphia cream region on Saturday at 11 a.m. and Sundays at 1 p.m. on Talk Radio 1210 WPHT.
Christophe J. SivelCrash Proof Retirement, LLC, 800-722-9728, [email protected]
SOURCE Crash Proof Retirement, LLC