Retirement is one of the periods that a person may enjoy or face several setbacks due to poor planning at a young age. The needs and demands of a person do not decrease upon retirement thus a consistent source of income is required. To avoid a decline in the livelihood status of a person, it is necessary to start planning early for retirement. Failing to plan leads to an assured failure in life. Therefore, individuals ought to start preparing early enough for retirement to avoid facing the predicament most of the people who do not plan wisely face. David Giertz is a reputable financial advisor who offers advice concerning the necessary plans one has to partake in preparation for retirement.
Based on David Giertz, regardless of how big an individual’s monthly salary is, saving for early retirement is not an easy endeavor. This is partly because a person cannot easily estimate the amount of money necessary to cover the entire retirement plan. During the retirement period, a person spends more than they earn. Therefore, it is necessary to have money that is enough to last the person during the entire retirement period.
According to the advice given by David Gietz, saving large sums of money is a great idea. However, it is necessary to consider that saving the money may not be enough to last during the retirement period. Therefore, it is necessary to consider venturing into other opportunities which will ensure an additional income. This will enable living a stable life before and during retirement.
David Giertz has over thirty years of experience within the financial industry. He is one of the best advisors in the financial domain in the US. He has worked with numerous companies; thus he has a proven track record. He is a certified business coach hence can be entrusted in giving excellent advice. He holds an MBA and Bsc degree from the University of Millikin.