David Giertz feels that people are not giving a thought to Social Security the way in which they should. Due to this their retirement planning goes into a big mess.
Studies on angel.co have shown that people are not able to lead the kind of life they wanted to after retirement. This is because they are not getting the kind of benefits which they were expecting. Besides, they get surprised to realize that they need to pay taxes on their social security benefits too. All this indicates a number of misunderstandings that people approaching retirement have, regarding Social Security on Twitter. Hence less income than expected as well as unexpected taxes for the retirees is not a welcome proposition. But David Giertz feels that people need to make themselves more aware in order to avoid such a situation
David Giertz is the President of Distribution as well as Sales. He is serving at the Nationwide Financial Distributors. Hence he is perfectly qualified to recommend that people must create the retirement income plan for themselves. This does not mean that they focus on social security alone. There are a lot of other things. They should not feel that social security will take care of all their needs after retirement at https://about.me/davidgiertz. This is just like a bonus. They have to look at another form of savings also in order to have a life after retirement that they were always looking for.
Another thing to do is to look for ways to maximize Social Security benefits. This is where financial advisors need to play an important role. David Giertz feels that they must inform people about the exact amount of social security benefits they will be getting. This has to be an accurate figure. Besides, they must tell them how they have reached that figure and how it can be improved upon.