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

Alan Clopine
ABOUT Alan

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
February 7, 2015

Joe and Al Discuss new laws and legislation that could potentially affect your retirement. President Obama came out with budget targets when it has to do with your retirement accounts. Tune in to this episode to learn what new laws could affect your overall retirement because there are some new strategies that we have been using for years that might be eliminated. Several also think the performance in their overall retirement accounts are lagging, so Joe and Al discuss the reason for that and share how to better manage your investment. Lastly, Joe and Al discuss how to mitigate taxes during retirement, it’s your money and it’s your wealth.


3:07 “We have to start thinking about preparing a tax return and for a lot of us, it’s not a pleasant process because it’s a lot of work and secondly we get a little angry when we think of how much tax money we’re spending.”

6:30 “The reality is that interest rates are one of the many challenges. Interest rates are low…”

11:33 “The first thing in the budget, is to eliminate a special tax break. What is called Net Unrealized Appreciation.”

11:45 “This is a really cool strategy because most people have money in a company 401(k). This strategy most advisors don’t know, I’m sure that most employees don’t know – that could take this money out with a special tax break.”

12:25 “You’re allowed to distribute company stock in your brokerage account and you do pay taxes, but only on your cost-basis. Only what you paid for that stock in the first place, not the current value.”

16:58 “You can keep yourself in a lower tax bracket, even though your income is a lot higher.”

17:12 “Taxes are probably going to be the biggest expense you’ll ever realize.”

25:00 “It’s a great strategy for individuals that make too much money and want to start putting money into a Roth IRA.”

29:55 “There was a recent survey looking at the average balance of people’s retirement accounts from age 55-64. One-third of people haven’t saved any money for retirement”