Another brief installment from our reporter’s extended interview with noted retirement specialist Phil Cannella, founder and CEO of First Senior Financial Group and host of The Crash Proof Retirement Show™.

Q: What’s the objective of your firm?

Phil Cannella: The goal of First Senior Financial Group is to provide consumers with a proactive approach toward protecting their hard-earned nest egg from the many different and little-known risks that every senior faces. I tell them how to avoid the excessive risks and fees of securities and still have the potential to out pace inflation.

Q: Can you be a bit more specific?

Phil Cannella: I show people how to steer clear and escape the unnecessary taxation on IRAs, 401(k) plans, 403(b) plans and other retirement accounts that cost American retirees and baby boomers millions and millions of dollars every year. I teach retirees how to safeguard their assets from the tax-addicted IRS—

Q: Tax-addicted?

Phil Cannella: How else would you describe the IRS! Anyway, in the hope that they may realize the comfortable retirement they desire while creating a lifetime legacy of tax-free income for their spouses and generations to come.

Q: Why does that take such special expertise?

Phil Cannella: There are little-known IRS laws and IRA federal laws that harbor secrets—secrets that could be most profitable for you—and I reveal exactly what they are, and how people can use them to their benefit. In these troubled times, one thing the American Retiree can bank on is that Phil Cannella and First Senior Financial Group have your back.