David Giertz has been a leader in the progressive financial industry for over thirty years. During this time, he has been able to build a strong reputation and steer positive growth. With his vast experience across financial companies and currently holding a position at Nationwide Investment Services Corporation, David Giertz has growing concerns about social security. In an interview with Veronica Dagher, Wall Street’s writer for the Wealth Advisor Column, he addressed social security with regards to retirement. He observed that most financial advisors did not play an active role in talking to their clients about social security mostly because it is a complex subject.
Research by Nationwide Financial
He referred to the survey by Nationwide Financial that indicated the scarcity of information provided by financial advisors to their clients regarding social security. He also noted that it is highly likely that clients would let go of their financial advisors if they were not being advised on social security matters on about.me. David Giertz says that despite the complexity of the Social Security Handbook, (it contains 2, 700 rules), social security gets its importance from the fact that it accounts for up to two-fifths of an individual’s income. Financial advisers need to speak to clients about social security because starting too early puts them at a risk of losing up to $300,000 over their lifetimes.
Importance of Addressing Social Security
David Giertz believes a new educative approach by financial advisors can help in dispelling the misconceptions and misunderstandings associated with social security. Taking the front seat in addressing these issues will, therefore, be an important step towards ensuring that clients make the most of their benefits on soundcloud.com. According to the survey, up to a third of those who have retired were getting benefits less than what they had anticipated and this can be accounted for by the lack of information. He believes retirement plans should take measures, therefore, to ensure maximum social security benefits at https://onmogul.com/david-giertz-70.