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
December 26, 2015

What are your financial resolutions for the new year? Joe and Al discuss some simple saving strategies you can implement now to start the year off right. Find out what the benefits of a Roth 401(k) are and if you should take advantage of this provision. The two also discuss retirement plan options for educators and administrators in school districts.

4:02 “On today’s show we are going to reveal how to build a bulletproof retirement game plan and how you can finally take control of your money in retirement in the new year”

7:58 “When it comes to retirement and taking money from the portfolio, it’s two different types of planning”

11:03 “Bump up your savings rate. Try to save at least 1% more next year”

14:29 “Max out your 401(k) plan to the match…that’s free money”

17:42 “We get the question ‘what if my 401(k) has a Roth option?’ In terms of whether it should be more Roth or part Roth, it really depends upon your tax bracket”

23:26 “There is no required minimum distribution in a Roth so you don’t have to take it out at 70 ½”

27:42 “The beginning of the year is the best time to do most of your tax planning”

28:07 “Most of the tax planning strategies that are available take a year or over the course of the year to implement, for example—maxing out your 401(k)”

31:08 “They (teachers and administrators) have a 403(b) plan and a 457 plan; they have [these] two plans in most school districts unless you work for a chartered school”

35:59 “The only way that you can get money into a retirement account through your employer is through your paycheck”