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
March 26, 2016

Money and our behavior: the biggest mistakes you could be making and how to fix it. Al also covers some tax strategies to consider as you approach retirement.

1:08 “One mistake is this: when you are investing your money, you might be confusing results with activity”

4:47 “You have to look at conventional wisdom and throw it out the window when it comes to your overall investment strategy”

9:20 “These are seven ways my expenses will change in retirement”

12:19 “The cost of healthcare tends to increase significantly in retirement; average annual expenditures for healthcare jump from $3900 among workers age 50-64 to $5000 for retirees age 65-79” (Source: U.S. News)

21:18 “The idea is to get away from commission-only [advice] which is what most of the industry still is”

36:49 “I’ve been a CPA for over 30 years, and it amazes me how many people don’t realize what strategies are out there, and they end up making poor decisions, big mistakes and they don’t realize how important tax planning is until they do make the mistake that can cost them hundreds of thousands of dollars in taxes”

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