David Giertz is a popular financial advisor who has helped many traders in picking themselves up anytime they face financial constraints. He has served at various financial institutions in influential leadership positions.
For the start of his career, he worked at Citigroup. Here he held various leadership positions in different departments. After that, he joined Nationwide Financial Institution where he served as the President and Chief Executive Officer till recently. During his regime, he expanded the company’s branches which consequently promoted their sales. Also, he has contributed to the success of the company by increasing the supply of its insurance and loan services.
Recently, David Giertz delivered some pieces of advice to millennials on how to plan for their savings and investments. According to him, preparing for retirement early makes life easier and less stressful. His major focus is on securing enough finances for healthcare. While telling millennials to save wisely, he as well urges them to settle their debts on time and begin to focus on other investment opportunities. However, saving for retirements tops it all.
What’s more is that people should focus more on benefiting from compound interests. This is where his financial advice majorly dwells on. He advises young entrepreneurs to adopt the Roth IRA because it doesn’t pose taxes on loans upon retirement. This approach builds on savings annually throughout a lifetime. The resultant amount of savings is enough to sustain the investors in their retirement periods.
Most of all, he advises people to invest in businesses that would ensure the flow of finances after they retire. Old age sometimes breeds intolerance and impatience hence he tells entrepreneurs to operate businesses they are passionate about. With this, they are able to make profits and still enjoy what they do. According to David Giertz, having ways of continuing with financial success even after on retires helps them to keep meeting their needs until their last breath.