ABOUT THE GUESTS

kyle stacey
ABOUT Kyle

Kyle Stacey is a CERTIFIED FINANCIAL PLANNER™ professional with Pure Financial Advisors. Kyle graduated from San Diego State University, earning his BA in Financial Services and received the SDSU Personal Financial Planning Certificate. Kyle works directly with clients to help them accomplish their financial goals specifically pertaining to the areas of retirement planning, tax planning, [...]

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 leads Pure Financial Advisors along with Michael Fenison and Joe Anderson. Alan joined the firm about one year after it was established. At that time the company had less than 100 clients and approximately $50 million of assets under management. As of [...]

Do you know how to measure the strength of your retirement plan to see if it could weather the storm if there is a downturn in the economy? Financial professionals Joe Anderson and Alan Clopine show you how to stress-test your portfolio and give you ways to regain your financial fitness if your plan doesn’t hold up.

 

Important Points:
(01:13) – Recession and Health Worry

(02:32) – Stress-Test Your Retirement Plan

  • Run a Baseline
  • Stress-Test: Explore the Extremes
  • Assess Weaknesses
  • Improve Your Financial Fitness

(04:27) – Your Retirement Baseline

(07:02) – Sequence of Returns

(09:40) – Revised Retirement Baseline

(13:13) – Stress-Testing Your Retirement Plan

  • Assume 20% Retirement Investment Decline
  • Increase Your Retirement Expenses By 15%
  • Assume You Have Large One-Time Expenses
  • Future Home Value = 40% Less than Current Value
  • Assume You Must Retire Early

(19:00) – Plan B: Improve Your Financial Fitness

(21:14) – Ask the Experts

(24:17) – Pure Takeaway: Stress-Test Your Retirement Plan

  • Run Your Retirement Baseline
  • Explore the Extremes
  • Adjust For Weaknesses
  • Build in Contingency Plans

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