ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO, Joe Anderson, CFP®, AIF®, has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was named one of Inc. Magazine’s 2026 Best Workplaces, ranked #27 out of 50 [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the Your Money, Your Wealth® Podcast Co-Host at Pure Financial Advisors, LLC (Pure). He has served as an executive leader at the Company for over a decade, including as CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the [...]

Joe and Al break down various hypothetical scenarios to help demonstrate how much you can grow your wealth if you work longer.

Transcription:

0:03 “People are sometimes surprised how much of a difference that [working longer] can make in terms of your overall savings and income”

0:23 “Let’s start with someone who’s age 62. That person retires and they make about $50,000 a year in their fixed income. What if they work part-time from age 62-66? That number grows to almost $67,000. Had they worked to age 66 that’s almost $70,000…if you keep working full-time all the way to age 70, it’s almost double the income”

1:01 “People still want to retire at age 62. For a lot of you, it’s just not feasible”

1:32 “By working just a little bit longer, what happens is you end up delaying your Social Security benefits so you get more income there, you’re saving longer because you’re working longer and you’re not tapping into your nest egg”