David Giertz is one of the leaders in the financial services industry who has helped many people over the years get their finances in order. This includes saving for retirement, having a life insurance policy to protect dependents, and otherwise being financially disciplined. He is a FINRA registered broker and has worked for Citicorp Investment Services, Financial Horizons Security Corporation, and Nationwide Investment Services Corporation plus a number of their subsidiaries such as Nationwide Life Insurance Company. He has worked as both a financial advisor and as a top executive in the industry.
Because David is a leader in this industry he often gets asked to contribute to news articles or be interviewed about saving for retirement. He has advice to give to people young and old as well as those in between. One of his key pieces of advice is that the younger you get started the better off you will be. It was the genius Albert Einstein who is credited with saying, “Compound interest is the most powerful force in the universe”. By starting early on retirement saving, David Giertz says that each dollar you put away is worth far more 40 years down the road than what you put away closer to retirement age. This is because compound interest makes money put away early grow much more in value over time.
When you’re in retirement he says that you ought to create a budget so that you’re comfortable spending the money you socked away over the years. Once you have a sensible budget you will feel better about spending your retirement savings instead of adding to them. He also says that retirees shouldn’t ever have everything in the stock market, something he finds all too common. Instead they should have some in stocks, some in bonds, and a cash reserve all according to their risk tolerance.
David Giertz spent much of his career in the Miami and Fort Lauderdale area. He now lives in Dublin, Ohio. He continues to help people both save for retirement and live well in retirement by sharing his thoughts and opinions based on his years of experience in the financial industry.