A recap of the interview
Preparing for retirement is crucial to have a smooth life after retirement. It is necessary and beneficial to plan for retirement early enough. One of the most experienced financial advisors; David Giertz pointed out a few things to do before retiring. Saving for early retirement is not easy. Besides, not knowing how much money one will need in retirement makes it even harder.
It is beneficial to a pension plan that savings are made well in advance before retiring. Consequently, one has to consider investing because savings will not be enough for the period after investment. It is important to remember that after retirement, spending more and earning less is a possible occurrence. It is advisable to save for health expenses which go up significantly in the period after retirement.
Knowing which investment pick, how much to invest and the moment to do so is important as well. That aside, David Giertz says that one has to consider the amount of money saved for retirement. For one to retire at 60 years, approximately 13-15 times the annual income needs to be in saving. This figure shoots up to 33 times when retiring early. In that case, it is advisable to seek guidance from an expert to help decide on which retirement plan to consider and the consequences of early withdrawals.
David Giertz is a financial expert in the United States working with the Nationwide Services Corporation in Dublin, Ohio. He is the president of Distribution as sales at the firm. He has over 30 years of experience as a financial advisor. Besides, he is also a broker registered with FINRA.
David Giertz is a pacesetter in the financial market in the US. He has a good record to back him up where he has grown revenue amount to billions in different companies. Notably, David Giertz has worked alongside several community organizations to spread financial knowledge. He holds a first degree; Bachelor of Science from Millikin University and also an MBA from the University of Miami.
Read more about David Giertz:http://www.nbcdvd.com/david-giertz-president-nationwide-financial-distribution-sales/