David Giertz Of The State Of Ohio Talks About Social Security Checks

During retirement planning, it is advisable to comprehend Social Security. Poor understanding of the plan can result in many mistakes that may see an individual receive less income after retirement or being subjected to unexpected taxes. According to David Giertz, it is crucial that individuals create retirement plans that help to maximize their Social Security benefits. David is Nationwide Financial Distributors’ president in charge of distribution and sales.

One of the common mistakes made by retirees is starting to take Social Security at the age of 62. Although one is allowed to take social security at this age, it will drastically reduce his or her monthly checks on LinkedIn. For instance, if one expected to receive $1000 when they retire at 66 years, the amount will reduce to $750, a staggering 25 percent reduction in one’s monthly checks.

Notably, taking one’s benefit beyond the retirement age will see the size of the checks improve. According to statistics from the Social Security, each year of the delayed taking of the benefits increases one’s monthly checks by 8 percent at https://www.crunchbase.com/person/david-giertz. This means that if individuals wait until they are 70 years old, they will be able to earn 32 percent more. This increase can substantially transform one’s retirement lifestyle.

Most people do not know that Social Security is taxed. Some thresholds have been set, and the maximum taxable amount is usually less than 85 percent of one’s benefits. Individuals who take their social security before full retirement age are taxed $1 for every $2 they earn above $15,720. After reaching full retirement age, taxation of the benefits stops. Thereafter, there is no limit on how much one can earn.

David Giertz is an experienced financial services expert. The executive is known for his excellent strategies that have helped in growing the company. In his current position, he has helped to increase the company’s revenues from $11 billion to $17.8 billion. In addition, David has been involved in the distribution of the company’s annuities, life insurance, specialty markets, and mutual funds.

Before joining Nationwide Financial, the Dublin-born financial expert worked for Citigroup. At the firm, David Giertz started working as a financial services advisor before being promoted to serve as the area director. Eventually, he was promoted to work as the executive vice president of sales. Previously, Giertz sat on Millikin University’s board of trustees as the chair. David is an alumnus of the University of Miami and Millikin University.

Investment Security Supported by Knowledge is the Wealth Solutions Model for Success

Richard Blair of Wealth Solutions is the founder and driving force behind the investment firm based in Austin, Texas. Blair brings an impressive list of certifications, blended with an experienced understanding of the financial markets. He and his staff provide the tools for their clients to safeguard the security of their financial assets and manage them in a way that allows for profitable growth.

 

 

Blair’s principles of good investment strategy got their roots during his youth. He grew up in a family full of educational professionals who stressed the importance of knowledge to him as a child. Both his mom and grandmother had a profound influence on his decision to educate and advise people on the best strategies to secure a safe financial future. As he works with clients, he is constantly amazed at how knowledge builds confidence and through strong confidence; a financial vision for a successful future can be appreciated.

 

 

The Wealth Solutions theory starts with helping their clients learn how to honestly assess their financial situation. They need to appreciate both their limitations and strong points. Appreciating each client’s individual preferences for using their money is imperative. The second step in building for a secure financial future is to look to that future. Wealth Solutions helps their clients have a vision, but a realistic vision based on their individual needs. They finish their three-pillared approach by making sure that their clients understand the essential need to insure their strategy remains strong. Any strategy with a long-term plan to insure the plan can endure hard times stands the possibility of being washed away. Blair believes a plan needs to be insured against periodic downturns in the market.

 

 

Wealth Solutions adheres to these principles, guides to success Blair has followed throughout his successful investment career. This model for financial security drew support from his upbringing in an educationally enthusiastic family. Without a solid plan in place, the pursuit of financial goals will follow a potentially dangerous, haphazard course. Financial objectives need to have an established course of action, a focused direction designed to meet the client’s needs both today, and in the future. The three-pillar foundation for success requires logical assurances that these goals are protected, so they can fulfill the final aim of building financial security.

 

Every client has a unique set of goals and aspirations and Wealth Solutions provides them with the solutions to attain these goals. Richard Blair has adhered to the principles he was taught as a youth, principles that formulate his three-tier investment strategy towards lifelong financial security.Learn more : http://creditorweekly.com/index.php/2016/05/26/investment-strategy-with-richard-blair/