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 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 [...]

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

Make sure to subscribe to our channel for more helpful tips and the latest episodes of “Your Money, Your Wealth.”