ABOUT THE GUESTS

Matt Balderston
ABOUT Matt

Matt is a graduate of the University of California, San Diego with a BS in Mechanical Engineering. After 10 years as an engineer, Matt decided to pursue a long-held passion and shifted his career to finance. He attained his CERTIFIED FINANCIAL PLANNER™ designation and the Accredited Investment Fiduciary designation. Prior to becoming a fee-only advisor [...]

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. He currently shares the CEO role with Michael Fenison, the original founder of the company. Alan is primarily responsible for the day-to-day activities of the firm while Michael’s focus is on expansion and hiring. Alan joined the firm about one year after it was [...]

You’ve saved for retirement for years with tools like 401(k)s, IRAs, other investments, and rental properties. Now you need an income stream for life. How do you go about it? You may need to create income to support your lifestyle for 25 years or more.

Financial experts Joe Anderson and Alan Clopine give you strategies to create a steady stream of income during retirement.

Plus, Pure Financial’s Matt Balderston, CFP® tells us about the Total Return approach and the benefits of using this strategy for retirement planning.

 

 

Important Points:

(00:48) – Retiree Sources of Income

(2:27) – Creating a Steady Stream of Income in Retirement

(3:25) – Calculating How Much Money You Should Have Saved for Retirement

(4:47) – Analyzing Strategies to Help Save More Money

(5:08) – The 4% Distribution Rule

(8:39) – Retirement Income White Paper – Download Here

(9:43) – Life Expectancy

(10:22) – Ways to Create a Fixed Income: High Dividend Stocks, High-Yield Bonds, Laddered Bonds

(11:28) – Types of Annuities

(14:12) – Total Return Approach

(18:23) – Is Social Security Going to Run Out of Money?

(19:54) – Delaying Social Security Benefits

(20:35) – Reverse Mortgage

(21:30) – Part-Time Jobs

(22:08) – Renting a Room in Your Home

(22:59) – Saving Money on Taxes After Selling Your Business

(24:16) – Pure Takeaway

 

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