ABOUT HOSTS

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 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

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

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