The Importance of Planning for Retirement

In a recent interview with President of Nationwide Financial Distribution and Sales, David Giertz, he detailed the importance of planning for retirement as early as possible, especially when considering an early retirement. It is imperative that you discover the best approach to handling your retirement, as taking the wrong avenue may lead to significant financial consequences. According to Mr. David Giertz, one point that a person seeking to retire in the near future should understand is that regardless of the size of your yearly salary, saving adequate monies will be a tough task, particularly due to the fact that it is incredibly difficult to determine what that sum should be. In retirement, you will spend more money than you bring in, so it is best to plan for the entire duration of the process.

While saving money from each paycheck is effective in creating a nest egg for the future, over time you may realize that the amount is not sufficient, and investing may be the best way to go about retirement. It is recommended that in order to see a successful financial retirement, one should save between six and thirty-three times your annual salary. Determining the right way to invest your money is essential to the long-term success of your retirement.

David Giertz is the President of Nationwide Financial Distribution and Sales in Dublin, OH, and has over 30 years of experience. He graduated from Millikin University, receiving his Bachelor of Science Degree, before furthering his education at the University of Miami, where he received his MBA. Over the years, Mr. Giertz has earned the reputation of one of the best financial advisors in the United States. He is a registered broker with FINRA and holds ranking positions with several Nationwide companies.