The financial markets have been recovering slowly in the last few months, but it can be said that the expenses are increasing year after year. There is no way that the inflation rate can be pulled down back to the rate of a couple of years ago. It has made many people think about how much funds they would need to live comfortably upon retirement. It is a complicated answer to give, but the best way is to stay well-prepared.
And, the way to achieve that is by starting retirement planning early. David Giertz, who is regarded as one of the leading financial advisors in the United States and has been in the financial industry for nearly three decades, says that people should not take retirement planning lightly. He added that retirement planning doesn’t only mean putting aside a chunk of your income in a retirement account, but also investing in different retirement planning funds and even equity market.
The money you make and put aside has to earn for you to ensure that it would be enough for you upon retirement when the inflation would be multiple times of what it is today and the expenses would have increased considerably. David Giertz says that people should start saving and investing early, which is especially true for people who want to, retire early. Consulting with the professional financial advisor is a must for people as it would help them get a clear picture of what to do and how to achieve their financial goals. David Giertz says that many people try to do their financial planning by themselves, and it costs them heavily in the future.
David Giertz has been with one of the most reputed financial firms, Nationwide Investment Services Corporation for many years and has even worked with Citi Group in the past. It makes him one of the most experienced financial advisors in the country that people can trust. He said that people should invest their money in the equity markets as well after careful analysis and even keep saving in their IRA accounts. It helps with achieving financial stability in the long run.
Read more about David Giertz: https://www.bloomberg.com/research/stocks/private/person.asp?personId=232405062&privcapId=359385