Experts in the financial sector understand that advisors need to speak with their clients about social security, but many neglect to do so. David Giertz, President of Nationwide Financial Distributors, explains that a recent survey of consumers discovered that current retirees and those planning to retire within the next 10 years are not discussing social security with their financial advisors on Facebook.
David Geirtz associates the lack of social security discussion from advisors to the complexity of the system. He adds that the social security handbook includes over 2700 rules making it a very difficult area to comprehend. Mr. Giertz notes that social security can make up to 40% of a person’s retirement plan on Nationwide. If a person turns on social security too early, they could be losing up to $300,000 over 25 years; the equivalent of $1,000 each month. That is too much to ignore.
David Luther Giertz currently serves as the President of Nationwide Financial Distributors, Inc. based out of Dublin, Ohio. Since 2013, he has also served as Senior Vice President at Nationwide Life Insurance Company at http://www.whitepages.com/name/David-L-Giertz/Columbus-OH/7x2w2br. Mr. Giertz concurrently serves as Vice President of Sales at Nationwide Financial Services, as well as Director for a number of Nationwide subsidiaries.
Mr. David Giertz has over 30 years of experience in the financial sector. He is a registered Broker with the Financial Industries Regulatory Authority (FIRNA). He holds 4 passing exams including State, Municipal, and General Securities Principal and Supervisor. Mr. Giertz has had previous experience at Citicorp Investment Services and Financial Horizons Securities before moving to Nationwide.