Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson 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 ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

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 [...]

Allison Alley
ABOUT Allison

Since 2003 Allison Alley has been committed to working with clients to help them achieve their retirement, estate, investment, and tax planning needs. Prior to joining Pure Financial Advisors, Allison served as Senior Vice President of a small private wealth management and investment banking firm where she specialized in comprehensive wealth planning to address the [...]

“Big Al” Clopine, CPA sits down with CFP® Allison Alley to discuss what single women in or near retirement should be concerned with. Find out some financial planning and investing trends that are impacting women more than men. Allison gives advice to single women regarding a financial plan and preparing for retirement.

0:17 “When it comes to financial planning, what are the issues that are going to impact women more than men when it comes to creating financial security?”

0:25 “Two of the biggest issues we see that tend to affect women more than men are longevity (we tend to live a lot longer) and it’s very common for women to marry men that are older than them, so a lot of times women more so than men will find themselves living alone in their later years of retirement”

1:01 “Women tend to be much more risk-averse than men, which has advantages and disadvantages. Women tend to understand that they can’t afford to sustain large losses, however many women find themselves with not enough growth in their portfolios”

1:15 “Without at least some growth and the risk associated with it, the effects of inflation over time can be very detrimental, and unfortunately women tend to put themselves at a higher risk of running out of assets in retirement”

1:45 “Are there any trends in financial planning right now that really impact women more than men?”

1:52 “We tend to see women willing to jeopardize their own retirement in order to help family, particularly their adult children. Unless you’re certain that you’re going to have significant assets at the end of your life, you really need to make sure that you’re making your own financial security your number one priority”

2:28 “What advice would you give to women about financial planning and making sure they’re okay for retirement?”

2:34 “The best advice I can give is to get involved, get educated, make sure you understand the different choices and options you have available to you. Find a fee-only financial advisor that you’re comfortable with and that you trust, and then if you are recently widowed, go slowly and don’t make any big decisions in the first couple of months”