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 [...]

The unfortunate truth is medical costs tend to increase as we get older. Medicare coverage is an important part of your plan for health care. There are four parts of Medicare and they typically start at age 65. It’s important to emphasize that Medicare does not include long-term care coverage. AARP did a study in 2019 concluding that about 70% of people turning 65 can expect to use some form of long-term care during their lives. This could range from a few days of in-home care to years of long-term convalescence care. Since the average cost of a private room in a long-term care facility is about $100,000, it important to have a plan.

  • Buy Long-Term Care Insurance
  • Sell Your Residence
  • Pay with Savings – Self Insurance
  • Qualify for Medicaid by Spending Down Assets

Watch the full episode, Protecting Your Retirement Income

Pursuing a Better Investment Experience

Make sure to subscribe to our channel for more helpful tips and the latest episodes of “Your Money, Your Wealth.”