Three Keys to a Successful Retirement: Plan, Plan, Plan

For you, retirement may mean resting on your laurels. It may be the start of a new chapter in your work life. It could mean you finally take up painting or pottery, something you have always wanted to do if you had the time.

Whatever your dreams, the best financial advisers in the industry, like David Giertz of Nationwide Investment Services Corporation, all agree that to ensure we reach your goals you need to plan for retirement. It sounds simple, but many people find themselves at retirement age unprepared. As the saying goes, failing to plan is planning to fail.

When planning for this important chapter in your life, be sure to answer three questions:

  1. How much will I need to save?
  2. How long will I need to rely on my savings?
  3. How can I grow my savings through investment?

Over thirty years as a financial adviser gives David Giertz the expertise to help with all these questions. His leadership as President of Sales and Distribution at Nationwide Financial grew revenue from $11B to nearly $18B, exceeding P&L targets. His earlier successes include driving a five-fold increase in revenue for the Financial Institutions Bank channel in five years.

David is also a Certified Business Coach with WABC and earned a world-class Gallup associate engagement score. He has certified over 100 other executives like himself as Business Coaches. All this, combined with his decade as a Financial Services Advisor with Citigroup, makes him a respected subject matter expert on retirement planning.

A commonly ignored issue that concerns Giertz is Social Security. People often misunderstand how it works, especially how to maximize the benefit. He also warns against thinking that Social Security can sufficiently fund retirement, when it’s purpose is to merely supplement savings and investments.

“Our parents and grandparents had pensions, but they are drying up and going away,” he says. “So, it’s more important than ever to … create a retirement income plan that includes [maximizing] Social Security benefits.”

It is never too early to start that planning.