Finance expert David Giertz, the President of Nationwide Life Insurance Company’s financial sales and distribution organization at https://about.me/davidgiertz, says that financial planners should be speaking to their clients more about social security. While discussing social security options may seem like an obvious topic for professionals giving financial advice, many fail to do so, and this is bad for their clients on officialdavidgiertz.com. Giertz’s team conducted a survey of retirees and discovered that, surprisingly, advisers don’t always mention social security to their clients when planning for the future.
One reason for this is that social security regulations are extremely complex on financial-advisors.credio.com. In fact, as David Giertz points out, the handbook for the government program is well over 1000 pages long, so advisers are often not comfortable discussing a topic they aren’t fully knowledgeable about themselves.
However, because social security frequently amounts to 40% or more of retirees’ income, it needs to be examined as fully as possible by financial advisers to ensure that clients aren’t missing out. A frequent mistake at https://vimeo.com/davidgiertz that retirees make is activating their social security benefits too early, which can cost them thousands of dollars in annual payments.
David Giertz, who also goes by the name Dave Giertz, has served as a senior vice-president for Nationwide as 2013. Additionally, David Giertz heads the company’s financial division
Known in particular for his expertise in financial matters relating to social security, David Giertz uses his considerable experience and knowledge to help Nationwide do right by their clients. Giertz works out of the company headquarters in Columbus, Ohio. He has been interviewed by the Wall Street Journal and other major media organizations for his financial views.