David Giertz emphasizes how Social Security Plans have numerous Advantages

Social security forms about 40 percent of retirement plans, which is notably a significant figure. Ignoring such a topic could lead to people losing out in a number of benefits. This topic is, however, complex and governed by many rules, which makes many financial advisers avoid discussing it with their clients. David Giertz insists on the importance of these financial advisors striving to understand the issue of social security before advising their clients. He advises financial consultants to break down the rules for the people to comprehend so that they are not left out of social security on ideamensch.com. Saving for retirement is essential for financial security, and financial advisors need to emphasize this to their clients.

People Are Willing to Learn

In an exclusive interview, David Giertz said that his firm, Nationwide Finance, conducted a study recently on the topic of social security. This study involved people nearing the retirement age and those in their early years of retirement. About 80 percent of those questioned noted that they moved to other financial advisors when they realized that their financial advisers failed to tackle the issue of social security. It is clear that the people are willing to get involved in social security plans at http://www.bloomberg.com/research/stocks/private/person.asp?personId=232405062&privcapId=3611386. A big number of respondents noted that failure to understand how social security works led them to opt out of the plan earlier. Opting out of the social security plant translates to losing financial benefits of a large magnitude.

About David Giertz

David Giertz is a proficient financial consultant, with special ability to steer business growth. He studied BA and business management at Millikin University. He furthered his business knowledge by undertaking an MBA at the prominent University of Miami.

David Giertz started working at Nationwide Financial in 2004 as the manager in charge of Financial Institutions Distributors Channel. His reliability and commitment to his duties saw him rise to different leadership positions. He currently directs strategic plans of the Nationwide Financial Distributors.