With his over 30 years of experience as a financial advisor, David Giertz says that most retirees are used to saving money instead of spending every penny they make. This is indeed a positive thing since it helps them spend their money wisely and enjoy their life. A budget guides their spending, and as such, they have the means to enjoy during their retirement years. It is indeed true to say that planning for the future with much diligence is crucial for a full retirement.
The savings accounts may, however, pose as a challenge to most retirees. They often instill in the retirees the fear of spending their money. It is not uncommon to find a retiree declining to go for a holiday with friends or family, simply because he/she is afraid of spending. The senior citizens have been accustomed to putting their extra cash into the savings accounts, and this culture has left the individual with a negative attitude towards spending the accumulated funds.
To be able to enjoy their lives after retirement, David Giertz recommends that the retirees get the right discipline. Spending their money wisely in a way that will not bring any hardship to their personal lives will prove worthwhile. David Giertz says that there is a need for retirees to focus on those things that matter to them and also on relationships that make them feel fulfilled and motivated.
Mr. Giertz is a holder of BS which he earned from the Millikin University and an MBA from the University of Miami. He has been practicing professional financial advisor or the past three decades. His immense contribution as the president in the sales and distribution at Nationwide Financial has stood out.
For 10 years, David Giertz had been working as Citigroup as a financial advisor. He later became the vice president of sales. Today, Giertz is on the board of trustees at Millikin University.