David Giertz Explains Meaningful Retirement Planning

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.