As you approach retirement age knowing how Social Security works becomes more important, but many financial advisors aren’t talking about it with their clients. It seems like this should be a simple part of being a financial advisor, so what’s going on? A survey done by Nationwide suggest that most people’s advisors aren’t talking with them about social security, though 4 out of 5 people say they would switch advisors if they weren’t talking with them about it. Mr. Giertz says at https://angel.co/david-giertz, the problem is that there are so many laws surrounding social security that advisors may not feel confident talking about it.
David Giertz is a financial advisor with Nationwide Investment Services Corporation who works out of Columbus, OH. He has served as Senior Vice President-Nationwide Financial Distribution and Sales at Nationwide Life Insurance Company since April 3, 2013. He has been President of Nationwide Financial Distributors Inc. since March 2013. Mr. Giertz also serves as President, Senior Vice President and Director for several other Nationwide companies. Mr. Giertz served as Vice President of sales at Nationwide Financial Services on CNBC.com. He served as Vice President-Sales, FI/WH from 2009 to 2013 and Vice President-NF Sales (Bank Channel) from 2004 to 2009.
David Giertz says that pensions that our parents and grandparents had are drying up and it’s more important than ever than people know how to maximize their social security benefits. He estimates that social security makes up 40% of a persons retirement plan. As a financial advisor Mr. Giertz recommends that a person has a full retirement plan according to Vimeo.