David Giertz Informs People About Common Retirement Planning Mistakes

spcblog, 06 April 2018, No comments
Categories: Businessman

David Giertz is a graduate of Millikin University. He worked at Citigroup and is a Senior Vice President at Nationwide Financial. He has thirty years of experience dealing with finances and the finance industry. He is also an expert advisor and has helped many people reach financial freedom.

The sad reality is that most Americans are not ready for retirement. Either they are not ready because they did not save up enough money or because they simply did not think about it until it was too late. It is crucial that you start saving for retirement and make wise financial decisions. Otherwise, you may find yourself dealing with a retirement where you do not have enough money and have to live off a small social security check that does not provide you with enough to live comfortably.

The reality is that retirement can be expensive. Remember that you will not have any significant source of income during retirement. You have to change that by setting up a savings and investment account so that you have enough money to live off of for many years during your retirement.

Another problem that is caused by the first problem is that people start taking their social security benefits too early. The fact is that if you push off getting your social security benefits for a few years, your monthly paychecks from social security will be a lot larger. So why don’t people wait an extra few years? Why are they in such a hurry to finally start using their social security benefits? The sad reality is that it is often because they do not have any money saved up. Therefore, they are pressured to start taking social security benefits as early as possible.

David Giertz tells everyone he advises and all his clients to start putting away money for both an emergency fund and a retirement savings fund. You should also wait before taking your social security benefits. It is always better to start saving for retirement earlier rather than later, he reminds his younger clients.

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