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 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

Published On
October 8, 2016

Your 401(k) plan options probably include at least one target-date fund. Hosts discuss this one-step strategy for investing for retirement, then finish the hour answering listeners’ investing questions.

2:47 “Unfortunately, a lot of you are not using these target-date funds correctly…first of all, a target-date fund has its own allocation.”

7:53 “There are two expenses in any investment: expense ratios and then the other cost is risk.”

11:32 “Should I withhold my taxes when purchasing a home?”

17:06 “Will I be taxed if I don’t touch the funds in a transferred IRA?”

19:21 “We now have a monthly standing lunch n’ learn; it’s called Road to Retirement…it’s an introduction to financial planning and the key areas you should look at. We’ll go into some specific strategies when it comes to taxes, Social Security, investments.”

22:02 “What are the pros and cons of investing before/after tax dollars into a 401(k)?”

26:34 “If we were disciplined enough to save those tax savings and invest it, we’d probably come out ahead…but most of us don’t do that and we just spend whatever we have.”

28:59 “What should I do with my portion of my ex-husband’s IRA?”

32:47 “I am 51 years old and finally in a job which offers a 401(k) option…should I invest in my 401(k) or pay off my debt?”

35:58 “Even if I don’t have an [employer] match, I still want to save for retirement and I don’t want to ignore it. The longer you give that money to compound, the more you’re going to have. So the sooner you start saving, the better.”