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 [...]

Published On
June 18, 2016

Hosts share simple steps for building wealth in retirement then dive into the optimal retirement withdrawal strategy so you can keep your finances steady, regardless of market uncertainty. Later in the hour, find out if a reverse mortgage is right for you.

4:23 “In 2013 the reverse mortgage stabilization act was passed and you’ve probably heard a lot of bad things about reverse mortgages but a lot of those bad things have been eliminated or curtailed substantially”

5:50 “I think the 4% rule is a very, very good tool when you’re trying to understand how much money you need to accumulate to retire”

9:23 “What we’re going to talk about today is really one of the most important pillars of retirement planning; it’s withdrawing money from your retirement accounts”

14:20 “Most people’s assets are in retirement accounts”

16:55 “You need to maximize the amount of money that you are receiving from Social Security because that is going to be a large fixed income source for you that is guaranteed by the Federal government”

22:08 “A reverse mortgage can never be reduced, frozen or cancelled, and there are no monthly loan repayment requirements”

27:43 “As you near retirement, tax planning becomes more important than ever, but you must use a forward-thinking tax strategy”
29:59 “To continue on our discussion about if you retire and you’re trying to pull money out of your accounts and the markets goes way down, a reverse mortgage is yet another potential solution to this”

34:44 “Reverse mortgages are tax-free”