Saving for early retirement isn’t easy. Usually, it is almost impossible to determine the amount of money you need to comfortably cover your entire retirement. Because you will be spending more money than you earn, it is prudent to save enough money that can last you the entire period. At first, saving considerable amounts of your income into a retirement account is a wise move. However, if you take some time to do the math, you will discover that your savings may not be adequate. According to David Giertz, investment offers an amazing way to supplement income. However, you need to be fully aware of how, where, and when to invest. Determining the amount of money you need for your retirement can help you make a wise investment decision.
More about David Giertz
According to David Giertz, by the time people hit 50 years, they need to have saved not less than six times their annual income. In case someone wants to retire early, they need to have saved not less than 33 times their annual income before hitting 55. After determining the amount of money you need for retirement, consider finding a flexible plan. Usually, retirement accounts charge for early withdrawals. Luckily, the penalties can be easily dodged.
David Giertz has been in the industry of progressive financial services for more than 30 years now. He once headed Nationwide Financial where he helped grow the company’s sales and distribution department from $11B to $17B. This profit revenue constantly exceeded the company’s targets. Before joining Nationwide, David Giertz spent 10 years at Citigroup. This is where his Financial Services Advisor career began. With time, he was promoted to Area Director, and later to Sales Executive Vice President. He holds a Bachelor of Science and an MBA from Millikin University and the University of Miami respectively.
David Giertz is a professional financial advisor with over three decades of experience. Mr. Giertz attended Millikin University where he earned a BS in MBA from Miami University. David became a broker at FINRA, since 1999, he has worked at Nationwide Investment Services Corporation. David has continually served at Nationwide Life Insurance Company as the senior Vice president in sales and national financial distribution since 2013. Prior to this, David worked at Financial Horizons Security Cooperation between 1989 and 1993. He also worked at Citicorp Investment services from 1991 to 1999.
David Giertz notes that retirees often struggle to save more instead of spending their accumulated financial resources. He further states that retirees can responsibly spend their money and enjoy themselves. This is crucial in helping the retirees to appreciate all the good things that comes from a person’s life. According to David, the sole purpose of saving is often misunderstood by most people.
Additionally, most social security benefits are often insufficient for retirees. For this reason, senior retirees need more finances to sustain their accustomed lifestyles. Many American retirees forfeit themselves from luxuries to save for the future. This habit directly hinder retirees from spending their financial resources appropriately. Retiree should spend their money without stressing their personal lives.
David Giertz is an accredited broker through various exams that include; General Industry & Products, State securities Law and Principle or supervisory. David is an influential strategist and innovator in attaining venture profitability. He demonstrated outstanding operating results at Nationwide Financial sales & distribution organization.
For the record, he saw the company profitable revenue growth from $11 billion to $17.8 billion. This tremendous growth exceeded P&L targets. As a result David lead in the wholesale approach, life insurance, specialty markets, annuities and mutual funds. Finally, David is a certified business coach with WABC.