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 [...]

Find out how much income you can get out of a reverse mortgage, taking into account your age, line of credit, lump sum and lifetime yearly payments.

0:36 “A line of credit means you can take the money when you want to, you don’t have to take it all at once”

0:42 “[Line of credit] is the most flexible because you can take a partial lump sum now, you could get a payment stream later, and also you could take another lump sum at another point in time”

1:01 “[Lifetime yearly payments] are not indexed for inflation”

1:20 “When you actually take out this mortgage, depending on your age, it’s going to be dependent on what you can take and the value of your home”