David Giertz is a highly noted financial advisor in the United States and is known for his association with the Nationwide Financial for many years. With over three decades of experience as a financial advisor, David Giertz has a broad experience in the financial market, and he uses his expertise to provide accurate financial analysis and advice to his clients. At Nationwide Financial, he has served as the financial advisor as well as the President of its sales and distribution arm. The company offers a wide range of financial and investment products to the people.
When it comes to retirement planning, David Giertz sees people making a lot of mistakes these days. He says that one of the biggest mistakes is not taking retirement planning seriously and then panicking about it when it’s too late. David Giertz says that while starting early is the key to having sufficient funds for your retirement, he believes that it is also essential that people make the right choices with their investments. Making the right investments is critical to ensure that people can create wealth over a period.
David Giertz says that people should focus on the many retirement planning and pension funds that are available these days. It would allow the people to have consistent income even after retirement and ensure they can enjoy the financial security they are looking for. However, he adds that knowing the amount you would need upon retirement is the key to crafting an accurate retirement plan. As per the common standards, people generally should save around ten to twelve times their annual income for their retirement planning. It also depends upon their plans after retirement, their lifestyle, and the time of retirement.
Investing in the equity markets and equity-based funds is also an excellent way to add some diversity to your retirement planning. It would help in bringing up your savings considerably in the long-term and ensure that you have sufficient funds to realize your retirement dreams. So, do not take retirement planning lightly and work upon it to make your retirement as fun and worry-free as it should be.