ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. He currently leads Pure Financial Advisors along with Michael Fenison and Joe Anderson. Alan joined the firm about one year after it was established. At that time the company had less than 100 clients and approximately $50 million of assets under management. As of [...]

Joe answers a viewer’s question on how to find your retirement “number,” or how much money you need to retire comfortably. Find out the calculation in this short clip.

0:15 “Hi Joe and Al, I’m Shirley and I want to know: what is my number? How do I know when I can retire?”

0:28 “It really depends on a number of factors. Let’s break it down – here’s what you want to look at”

0:40 “You don’t want to pull out any more than 4% out of your overall portfolio”

1:03 “Take a look at what you’re spending minus your fixed income sources, and you’ll find your shortfall”

1:20 “Multiply that [shortfall] by 25 or divide by 4% and that will give you your number”