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. As CEO he currently leads Pure Financial Advisors along with our executive team. As CFO he is responsible for the financial operations of the company. Alan joined the firm about one year after it was established. At that time the company had less than [...]

Learn how to power-up the compound effect and see your savings for retirement grow exponentially. You can reap big rewards from a series of small consistent choices you make about saving money. Financial planning professionals Joe Anderson and Alan Clopine walk you through the benefits of the compound effect and how to make it work for your financial plan. They also give you tips on how to avoid the effect of negative compounding on your retirement goals. Once you get down the basics, they show you how to Supercharge the compounding effect and help make the most of your money for long-term financial success.

Important Points:

(0:00) – Intro

(1:27) – Cup Of Joe Compound Effect

(2:30) – Retire at 65 with a million

(3:45) – Power-Up the Financial Compound Effect

(4:30) – Positive Compound Effect

(5:25) – Time: Compound Interest

(7:10) – Compound Interest Effect

(8:40) – Rate of Return: $10,000 Lump Sum Investment

(11:45) – Negative Compound Effect

(13:10) – Negative Compound Effect: Debt

(16:30) – 401(k) Mistakes: Cashing Out

(20:10) – Supercharge: Compound Effect

(21:50) – Ask the Experts

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