Financial Expert David Giertz Addresses The Importance Of When To Start Social Security
Financial expert David Giertz has given interviews and written articles about the critical role that social security plays in most people’s retirement plans. Social security is meant to replace around 40% of your income once you are in retirement. For most people this isn’t enough money and so hopefully they have saved plenty of money in retirement plans.
Since social security plays such a critical role David Giertz says that many look towards financial advisors to help them sort out this issue, such as when and how to start collecting. Here’s where they run into issues as many financial advisors don’t know how or want to address this issue because of its complexity. David Giertz says this is a big mistake as they lose clients with this attitude, and they don’t help people who really need it.
Many people make the mistake of starting taking social security at age 62, the earliest they can do so. David Giertz says that for many people this is the worst thing they can do, potentially leaving over $300,000 behind because they didn’t wait until their full retirement age or later to start collecting. A financial advisor should have told them this.
David Giertz has been providing progressive financial services to people for more than 30 years. He has worked for Citigroup, Financial Horizons Security Corporation, and Nationwide Financial. In addition to working as a financial advisor himself he has also been an executive in the industry for many years, such as one of Nationwide Financial’s presidents. He has extensive experience with retirement plans, mutual funds, and insurance products.
It was in Miami, Florida that David Giertz spent much of his career, especially when he was a financial advisor. For his role at Nationwide Financial he moved to Dublin, Ohio, which is where he presently resides. He attended Millikin University, Decatur, IL, where he earned his bachelors of science. Later on he attended the University of Miami, Coral Gables, and earned an executive masters of business administration.