Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

There’s no better time to start preparing for your retirement than right now. Find out how you can be building your wealth while you’re employed by following some simple rules of thumb. Joe and Al discuss these four easy things you can do now:

1) Start now
2) Implement automatic savings (shoot for 15% per paycheck)
3) Take advantage of your company’s 401(k) match
4) Autopilot your investments

Important Points:

0:11 “Here’s the first point, and I think this might be the absolute most important point, which is starting now – not next month, right now.”

0:24 “Autopilot your savings. If you have a 401(k), you have that automatic payroll deduction coming right out of your paycheck, so you don’t even see it. Try to work up to 15% per paycheck…add a percent or two each year as you get pay raises.”

0:44 “Autopilot your investments too. In other words, when you have money going into your 401(k), make sure that it’s set up properly to go to the right investments, and not just cash for example, because rates of return matter in this whole equation.”