Financial Advice from David Giertz

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.

About David

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.

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David L. Giertz of National Financial Distributors

David Giertz says that many advisors are not talking to their clients about social security. In an interview, David the Nationwide Financial President, said that it is necessary for clients to know what more about matters of social security.

Survey Findings

David points out that, according to a survey, advisors refuse or disregard to inform clients about matters of social security. This survey was taken on retired folk, those who are ten years away from retirement and regular customers.


The survey which was on indicated that around 4-5 people change their advisors if they are not brought to speed on matters of social security. David said that the complexity of the social security matters, covered in a 2700 page document, is what makes agents shy from the topic altogether.

Is Talking About Social Security Important

David said that the topic is very important and should not be ignored by agents. David indicates that clients turning on ‘social security too early’ stand to lose over $300,000 over a span of 25 years. When agents engage clients on social security matters, helps in ensuring these clients optimize their income in retirement.

About David L. Giertz

David was senior VP of ‘Nationwide Financial Distribution’. He also worked in sales for ‘Nationwide Life Insurance Company’. Since March 2013, he served as President of ‘Nationwide Financial Distributors Inc’. He is also President and Principal Vice President of other nationwide companies. He was VP responsible for sales at ‘Nationwide Financial Services’. Prior to working at ‘Nationwide Financial Services’, Giertz was VP for sales at FI/WH between 2009 and 2013. He was VP of sales for NF Sales between 2004 and 2009.

David’s 30 years experience in matters of ‘buying and selling securities’ puts him ahead of the pack. He is a broker registered with FINRA. This certificate enables him to conduct business within the law.


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