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
January 31, 2015

Transform your savings into retirement income. Joe Anderson, CFP® and “Big Al” Clopine, CPA share how to increase your retirement income, explain strategies to increase your Social Security benefit and later discuss common misconceptions about retirement. Tune in to learn how to plan for a successful retirement.

4:45 “What’s really nice now is the fee-only movement is growing substantially. Registered investment advisors are the firms that are doing this and it’s fun to be a part of.”

7:45 “How can you increase your Social Security benefits…”

10:30 People don’t grasp how critical it is for their financial plan to have a regular savings plan and process. Three dollar figures underscore just how important retirement savings should be. First the median household income for Americans during retirement, age 55-64 is around $60,000. That was in 2013. The second figure is $60,000, that’s the average Social Security benefit for retired workers.”

25:15 “One study says that a lot of misconceptions about retirement is that people can’t fill up their days. Well here’s a little story, my mother – she retired last February…”

29:39 “This last week we had a couple come in and the husband is a professor still working at a University in Southern California and his wife has recently retired, let’s say about a year ago. They both made really good money, they were great savers – are great savers, but most of their assets are in their retirement accounts. If you look at them combined together, they’re almost $3,000,000 which sounds crazy, but if you are diligently saving into these plans year after year, this is what compounding of money – this is how this works. So they had both been maxing out their 401(k)’s or 403(b)’s – they have about $3,000,000, let’s say their about 63 years of age. So husband wants to work two more years, he’s making about $178,000 per year. Pretty good. And he’s got a 403(b) and he’s maxing it out…”