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 [...]

Are you ready for retirement? According to CFP® Joe Anderson, the so-called “Golden Age” of retirement no longer exists, meaning fewer people are retiring earlier and more people are misjudging their retirement readiness (50-60% of retirees are not truly ready). Joe and “Big Al” Clopine explain how big pension plans are being replaced by the 401(k) plan, causing small balances and more pressure to save, with rising healthcare costs adding to the stress.

Senior research economist Anthony Webb joins us to share his findings from the Center of Retirement Research at Boston College. Dr. Webb explains what retirees will face in the future, and how subsequent birth cohorts will face bigger headwinds like increased longevity, higher healthcare costs and decreased benefits. Find out why saving as well as having a pension plan is crucial in planning for retirement and making you more confident in gauging your retirement readiness.

10:11 “Very often we see that when people take money out of their IRA while they’re still working, below 59 1/2, the tax rate with penalties is 50% or more, so don’t do it”

16:14 “Have the money go into savings first; through a 401(k), through a 403(b), or an automatic withdrawal out of your checking account”

19:08 “As you go into mutual funds, a lot of these mutual funds have high costs, sometimes they’re 2% or more”