David Giertz is among the top-league financial advisors in the whole of the United States if not the world. Having worked in these field for over three decades, Dave, as he is popularly known comes with a wealth of experience in this area. He is the president of Nationwide Financial Sales and Distribution. Mr. Giertz being a talented financial advisor, coupled with his proven track record, can help any individual or organization generate a lot of revenue. He recommends that everyone should craft a retirement plan that also focuses on boosting of Social Security benefits.
David Giertz insists that one has to plan in preparation for retirement. He dismisses the misconceptions that people have about social security. People who fail to plan risk living with limited income and unexpected taxes for retirees. It is not easy to tell how much money you will need in retirement, therefore, knowing the amount to save from your monthly pay, becomes a hard choice to make. Having an idea of the things you need for a quiet and comfortable retirement helps you focus what you need to save and whether early retirement is suitable for you, or you have to do all the years. Sadly, trying early withdrawals attract penalties, especially with IRA accounts.
David adds that the only way out is to have other income generating activities to cement financial stability way before retirement. But you need to know when and where to invest your money. A brokerage account will earn you profits and give you the highlights in the financial market. The accounts are also flexible in that there are no limitations to the amount you wish to withdraw or invest. Dave also suggests that one could open a health savings account. Old age comes with health issues which mean with very high costs. Such an investment will cover all health care costs during retirement.