In a recent interview, David Giertz spoke to Veronica Daughter of Wall Street Journal about the challenges of retirement planning and social security in the country. He emphasized that most brokers do not talk about the issue of social security with their clients and the benefits that they can get from it. He urged financial advisor to talk about social security in retirement with their clients in-depth.
A survey conducted by the Nationwide Financial showed that a large group of people did not discuss social security with their advisors and that they would not think twice before changing their advisor if this happens on moneytips.com. Since social security can be a complicated subject and it can get difficult for them to explain the rules and terms to their clients, most of the advisors avoid it at all costs. But, this is a mistake on their part, and they should find a way to make it happen.
During the interview, David Giertz discussed the importance of social security when planning your retirement so that you are financially secured when you retire. If planning is done correctly, social security can compromise up to forty percent of the total income after retirement. Thus, social security is an important topic that should not be avoided at all cost. Advisors should speak to their clients about the best time to start their social security investment otherwise they may end up losing thousands of dollars when they retire.
David Giertz holds the position of President at the Nationwide Financial Services and has more than three decades of experience in the financial sector on About.me. His specialization is in the sales and distribution of bonds, retirement planning, and life insurance.
David completed his graduate in business management from Millikin University and then went on to earn in MBA from the University of Miami. Soon after that, he obtained his FINRA license to practice as a financial broker.
Find more details about David Giertz: https://soundcloud.com/davidgiertz