David Giertz on Millennials Saving For Retirement

Quite often, millennials find themselves financially misinformed when they’re preparing for retirement. Indeed by the age of 22 most of them have started some form of savings but how to do it wisely lacks in their spirit for saving for retirement.

David Giertz, a certified business coach, outlines ways millennials can efficiently plan their finances in preparation for retirement.

  1. Evaluate your financial status

Evaluating your financial status is crucial since you need to ensure your saving enough while you still take care of your essential financial needs. If you have any existing debts, i.e., college, home mortgage, loans, credit card debts, etc., pay them off as soon as possible and direct your focus for retirement.

  1. Take advantage of Compound Interest

Compound interest is beneficial when it comes to saving. Compound interest exponentially increases your savings and since the government taxes your money before depositing it in a savings account, the interest is not taxed.

  1. Create a side gig to supplement your finances

Having a side gig that benefits you financially is advantageous. Your side gig will generate money that can be used to save for retirement while your main income generator can be used to settle your current finances.

David boasts over 30 years’ experience in the growing financial services industry. He has regularly championed strategies, processes, and innovations that build profitable growth. As a WABC Certified Business Coach, David has achieved a global Gallup associate engagement score of 4.63 up from 4.41.

About David Giertz

David Giertz began his career at Citigroup where he gave a decade of his life and joined Nationwide in 1999 as Miami, FL Regional Vice President subsequently increasing the revenue by 48%. Quite recently, He was named Senior Vice-President of Nationwide Financial Distribution and Sales, where he was the driving force of the company’s growth in revenue from $11B to $17.8B.

In 2004, David led the Financial Institutions Bank channel which expanded to incorporate Wirehouse distribution by the year 2009. The Financial Institution Bank channel saw its revenue grow from $1.5B to $8B.

David also served as Millikin University (where he got his BSc) Board of Trustees Chair and was chairman of the Budget and Finance committee during his 9-year tenure on the board. In the past, David served on the Board of Directors for the Girl Scouts of Broward County and the Fort Lauderdale Chamber of Commerce.

He holds an MBA from the University of Miami.

Richard Blair – on topic article

Richard Blair: Doing his Part for Peace of Mind

 

We live in an information age, so why not take advantage of the all the information out there? Yes, it is true that all the information seems to only make things more complicated, and that is why we need professionals, such as the ones at Wealth Solutions (http://drewlaunay.com/2016/06/10/services-provided-by-richard-blair-through-wealth-solutions/), especially people like Richard Blair. One of the things that tend to throw people off is tax. And to make matters worse it changes all the time. Because of this, it is difficult for those of us who do not know about it to plan accordingly. This is when the experience of people like Richard Blair comes into the game.

Wealth Solutions is a company founded to help individuals and small business owners navigate the complex world of finance. With the myriad of opportunities available, making the right pick that suits you can be confusing.With Wealth Solutions, this is achieved by using proven steps and not just by guessing and speculating. They are not promising the moon for their customers. What they are offering is a safe and secure way for those who want the peace of mind when it comes to financial security. This is especially true for those who are looking at retirement and life beyond.

Wealth Solutions was founded by Richard Blair, in Austin, Texas. It is a Registered advisory firm and Richard found it with the idea to make a positive impact on people’s lives. He comes from a family of teachers that have been part of education going back several generations. He witnessed first-hand the link between teaching and the power of knowledge. Coupled with his aptitude for financial matters, Richard soon realized that he could combine the two disciplines and make a positive impact on people. Therefore, after graduating college in the early 1990’s he decided to enter the financial services industry.

After starting Wealth solutions in 1994, he worked at specializing in retirement planning for both, individuals, as well as individuals who own small businesses. Since starting Wealth Solutions, he has succeeded in helping many people plan as well as live in retirement comfortably. Richard is a Certified Annuity Specialist, Estate and Trust specialist, fund specialist, Income specialist, Tax specialist and a retired income certified professional. He believes that the way business relationships should start is by face-to-face meetings. Hence his clientele tends to be from the immediate vicinity of Austin such as Marble Falls, New Braunfels, Houston, and Bastrop.