David Giertz: Including Social Security In Retirement Planning

Interviewed in a segment for the Wall Street Journal’s Wealth Adviser, David Giertz, President of Nationwide Financial Distribution And Sales, spoke about the importance of advising clients of the role Social Security benefits can play in their retirement.

Responding to a question, David Giertz pointed out the results of a firm conducted survey, where 4 of 5 participants said that they would move on to another financial advisor; if Social Security income wasn’t included in retirement planning discussions on Instagram. He felt that it couldn’t be explained enough because many people are unaware that Social Security is taxed and that there’s a reduction in benefits for choosing early retirement versus waiting until the full retirement age.

Read more: These big mistakes will result in smaller Social Security checks

Because a substantial number of those looking to retire in the next ten years, will use Social Security as the bulk of the income. He went on discuss how all financial advisers should speak with their clients about potential investment possibilities.  So that they’ll have enough money to support their lifestyle when they do stop working.

Also referred to as, “Dave” Giertz; in April 2013, he was appointed Senior Vice President of Nationwide Financial Distribution and Sales. Prior to this in March 2013, David Giertz was selected as President of Nationwide Financial Distributors Inc. The company is based in Dublin. Ohio. Giertz joined the organization in 1999 and has over 31 years of industry experience and holds additional high executive positions within the Nationwide family of companies. He’s listed as a licensed and certified broker, maintaining full professional credentials, issued by the Financial Industry Regulatory Authority (FINRA).

Source: https://soundcloud.com/davidgiertz

OSI Group: An American Food Company That Is Expanding Into The European Market

The OSI Group is a world leader in providing quality products and custom solutions for the food industry. While OSI is an American company it is also a world-wide leader in the food industry and has many offerings over the world.

By purchasing Baho Foods, a Dutch manufacturer of deli meats, convenience foods, and snacks, OSI has five new subsidiaries that include Vital Convenience, Henri van de Bilt, Q Smart Life, Bakx Foods, and Gelderland Frischwaren. These companies have processing plants in Germany and the Netherlands and serve food to customers in 18 different European countries. John Balvers, the managing director of Baho, and his management team are excited to remain on with the business and will be working with OSI Group to come up with new growth strategies to lead the combined companies into the future.

For more details about this company, just visit their website on osigroup.com.

OSI also acquired Flagship Europe from the Flagship Food Group, which supplies frozen poultry, pies, sous vide products, mayonnaise, sandwich fillings, marinades, sauces, dressings, and dips to the UK foodservice market. Russell Maddock, chief executive of Flagship Europe looks forward to working with OSI and feels that the move was progressive and exciting.

As a leader in environmental practices, food quality, food safety, and sustainability, OSI Group always works with local communities to ensure that it is using the best practices to take of the people and the plane.

Learn more about OSI Group: https://www.crunchbase.com/organization/osi-group#/entity

Brad Reifler’s Principles Of Financial Management

Brad Reifler is the CEO of Forefront Capital Management. He is a renowned entrepreneur and hedge fund expert. Brad founded Reifler Trading Corporation in 1982 to break into his lucrative career in hedge fund management. He also served as the chairman and CEO of his other company; Pali Capital, between 1995 and 2008.

During his tenure at Pali Capital, the firm saw annual profits amounting to over $200 million and had an employee base of over 200 people. The company also expanded to the U.K and Australia.

The following are some critical financial lessons as shared by Brad Reifler:

You Take home Less Than What You Earned

This is due to the numerous deductions including social security contributions, federal government income tax, health insurance deductions, local taxes, and so on. It is, therefore, important to budget from your net earnings and plan wisely.

Compound Interest Can Boost your Savings

If you begin making monthly or weekly saving from an early age, you may have substantial savings when you retire. This is occasioned by the power of compound interest. At the end of every year, the accumulated interest is added to the first saving and the final interest calculated from the boosted figure.

Budgeting is Key

Established business set ups prepare budgets, analyze the projected revenue returns, and plan for expenditures. The same way, individuals, should consider themselves as business units and plan for their income, expenses, and future savings.

Pick Affordable Colleges

For students paying their own fees due to one reason or another, choosing an affordable public college is crucial. Most employers nowadays look for individual strengths and talents as opposed to University names. You, therefore, need to avoid those expensive private colleges.

Build Your Credit Record

However, you will need a good credit history to access asset financing and mortgages. You need to pay your bills on time and probably take up a starter load to build your credit worthiness.

Learn more about Brad Reifler: http://www.huffingtonpost.com/author/bradreifler-226