In a recent interview on cnbc.com, David Giertz put a strong emphasis on Social Security and its impact on people’s retirement portfolios. Giertz explained that many financial advisors usually do not include discussions about social security with their retirement portfolio clients. One main reason why financial advisors do not talk about social security with retirement is because the rules are very complex. As a matter of fact, the rulebook for social security has over 2,700 rules. To add insult to injury, these rules are complex to understand.
According to his interview at https://vimeo.com/davidgiertz, he stated that nearly 80% of clients will change financial advisors if the financial advisor does not bring up Social Security and make it a part of the retirement financial plan. In addition, if people do not turn on Social Security at the correct time, particularly if they turn it on too early, they could lose a lot of money. According to the interview on soundcloud.com, retirement investors could lose up to $1,000 a month over many years if they turn it on too early.
This being said, it is crucial to find a financial advisor who has knowledge of Social Security with retirement and directs his clients in the right direction.
David Giertz is a broker who works for Nationwide Financial Services, which is based out of Dublin, Ohio. He is registered in many different states to do Financial advising. Some of the states include Texas, Nevada, Oregon, Washington State, Wyoming, Idaho, The Dakotas, and Minnesota. David Giertz is also certified to do Financial advising in Louisiana, Florida, Georgia, Tenessee and a few other states.