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.
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).