According to David Giertz, creating a reliable retirement plan entails saving money, budget formulation as well as making arrangements regarding insurance requirements. Moreover, David notes that enjoying retirement comprises striking a sustainable balance between saving funds wisely and spending them with an equal sense of abandonment. Discussed below are some of the insights from David Giertz on how to live a responsible life without the need to forfeit the chance of having fun during the golden years.
Firstly, discipline is critical to a sound retirement. Nevertheless, individuals need to formulate and implement different approaches based on their personal likings and preferences. Formulating a sound retirement plan translates to deciding how much money as a retiree one want to leave to their heirs. Moreover, the plan must also entail such activities, which had been put aside due to demanding schedules such as work.
Thirdly, creating a budget will help a retiree who is hesitant about spending. A retiree can learn how to budget their funds by setting aside monies for taking holidays and traveling. Once they calculate the figures, it becomes easier to spend funds for pleasurable activities as permitted by the budget. Lastly, David Giertz insists on retirees always having enough cash reserves at hand. Some liquid cash will make one more comfortable as well as less stressful.
David Giertz possesses more than three decades of experience in the financial services sector. Most recently, Giertz worked with Nationwide Financial’s sales and distribution organization as the president, where he featured excellent operating results. He grew the organization from $11 billion to $17.8 billion worth of profitable revenue. David Giertz successfully led the distribution and wholesale strategy of life insurance, regional firms, IMOs, Wirehouses, independent brokers and dealers, private-sector retirement plans and specialty markets among others.
David Giertz has been affiliated with numerous community foundations, including the former positions he held as the chairperson of Millikin University’s Board of Trustee. He additionally chaired the Millikin University Budget and Finance committee for nine years. David Giertz is also an industry arbitrator linked to FINRA.