Category Archives: Broker

David Giertz’s Discussion On How To Come Up With A Solid Retirement Plan

Are you prepared for life after retirement? Most people would answer this with a ‘NO’ or will be unsure of where they stand. David Giertz talks about the meaningful retirement plans and strategies that one can use to ensure that he or she continues to enjoy his present lifestyle even after retirement.

Securing a financially stable retirement life depends on how early one starts savings. This is because the earlier one starts, the better the returns. However, planning for early retirement can be tricky. This is because it is quite difficult to estimate exactly how much one will need and save for it. However, due to inflation, you may need more money in your retirement life than you are actually earning.

It is important to increase the number of people opting for investments instead of saving for retirement. According to Giertz, this approach needs one to research extensively. Factors like when, where, and how one invests will directly affect the money available to them during their retirement life. It is beneficial to consult widely before committing your hard-earned cash in any investment.

On saving, the rule of the thumb is to save six times your annual income by age 50 and 10 times by age 60. Moreover, early retirement at 55 requires you to save up to 33 times your annual salary while retiring at 65 requires you to save just over 13 times your annual salary. One can work the figures backward to see how much he or she needs to save per month.

About David Giertz

David Giertz is a renowned financial expert with vast experience in retirement plans and savings. Over the years, he has been providing investment advisory services to individuals and companies across the United States. Notably, he is Nationwide Financial’s president in charge of sales and distribution.

The transformative leader is a certified industry arbiter with FINRA and a certified business coach with WABC. David is an alumnus of Millikin University where he graduated with a Bachelor’s of Science degree. In addition, David holds an MBA from the renowned University of Miami.