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 10, 2015

Find out how to avoid unnecessary risk in retirement and learn some key retirement moves that might be thrown out (net unrealized appreciation, backdoor Roth IRA, stretch IRA). Would you rather have a million dollars in a 401(k) or $800,000 in a Roth IRA? Find out the answer in this podcast.

3:14 “The stocks are priced accordingly; whether it’s low or high, it’s priced into the market”

9:03 “Don’t take on unnecessary risks when you don’t necessarily have to; if you’ve already won the game you want to make sure that you are now on defense mode”

11:21 “The stretch IRA—if they get rid of that, that’s a big deal”

14:00 “A lot of people don’t realize that the Roth IRA is tax-free for you, and if you pass away for your spouse, it’s also tax-free for your kids or grandkids, whoever ends up inheriting this”

16:10 “If they do get rid of the stretch IRA, there are still ways you can stretch out that tax liability to the non-spouse beneficiary—it’s just going to be a little more convoluted”

18:52 “With the backdoor Roth and a lot of these strategies, if you know what’s available you can put yourself in a much better position tax-wise for the rest of your life”

22:11 “Tax-free growth is by far the best thing for you, but you have to be a little more sophisticated to figure out how you get your money in a tax-free position”

23:45 “If I have $800,000 in a Roth IRA, trust me, it’s worth a heck of a lot more money than a million dollars in a 401(k) plan because the Roth is 100% tax-free”

27:06 “Taxes don’t really stop when your paycheck does, in fact tapping your retirement nest egg comes with all sorts of new rules and opportunities”

31:17 “If you’ve saved a lot of money and it’s mostly in your retirement accounts, you’ve got some big taxes to pay”

34:01 “If you have an IRA or a 401(k), you’re allowed to convert it to a Roth IRA”