David Giertz Advice on Retirement Savings

David Giertz has more than 30 years experience in the financial services industry where he has worked consistently to bring about profitable growth. He has worked in many large organizations which include Nationwide Financial’s as the president, and Citigroup where he held several executive leadership positions.

David Giertz is also a certified business coach and often gives advice on financial matters. Recently, having paid a close attention to the millennial generation, Mr. Giertz has decided to share a worrisome observation he has made concerning their financial planning.

Though most American have been earning throughout their productive years, very few have managed to save money enough to allow them to lead comfortable lives on retiring. Most people may view retirement to be very expensive, which can be very true especially for individuals who face an early retirement and live long fun-filled and healthy lives. Sadly, some retirement savings for some individuals are barely enough to sustain them for a few years.

Another troubling issue is how most retiring people start emptying their Social Security funds way too early. This reduces the total amount supposed to be paid out by the Social Security program of the United States as well as lower monthly payments for those who don’t wait to reach the retirement age.

David Giertz says that retired or rather retiring people mostly do make some common mistakes. It is easier to save up money for retirement from an early age as compared to doing it just a few years to retirement. Giertz highlights a few things to note:

  1. Always remember the Roth Individual Retirement Accounts (IRA) contributions income limits.

Roth IRA is one of the common retirement accounts that is aided by the employer and run by the government. People make equal monthly contributions and one cannot exceed a certain limit in their contributions depending on the bracket they belong.

  1. Contribution limits for 401(k)

This is another saving account type that is operated by the U.S government.

  1. The Saver’s Credit

According to Giertz, this is an important account that should not be sidelined. It has a new annual contribution limit catering for the different levels.

  1. Deduction Limits for Internal Revenue Agency.

Giertz says that it’s hard for taxpayers to deduct IRA contributions from a certain years’ adjustable gross income if they fall back on the employer-provided retirement saving accounts.

Find out more about David  Giertz: https://frenchtribune.com/teneur/25356-david-giertz-says-financial-advisors-are-failing-not-talking-their-clients-about-social

Richard Dwayne Blair and Wealth Solutions Craft Winning Retirements

Richard Dwayne Blair is the founder of Wealth Solutions and has helped numerous customers get on solid financial ground with his tremendous range of experience and knowledge. He has over two decades of accumulated wisdom to offer his clients in every aspect of their financial lives and he helps alleviate the stress associated with money. They are based in Austin, Tx. and are eager to help members of the local community and anyone else who needs top-notch service.

A three-pillar approach is the cornerstone of Blair’s system for retirement planning and wealth management. It happens to be effective and comprehensive which enables his various types of clients to thrive in a complex world.

Financial roadmap is the first pillar of his program and this involves helping customers determine their goals, their particular propensity for risk, and identifying growth opportunities. This helps Richard Dwayne Blair develop a solid and trusting relationship with his clients as he understands their main issues.

A long-term investment strategy is the second pillar and it is a crucial part of any retirement plan. This is implemented in conjunction with the client’s financial goals and their liquidity needs along the way. Blair excels at actively managing investment accounts to maximize gains when the markets are trending up and playing solid defense when they are not. This also involves performance tracking with benchmarks as well as client expectations.

The need for insurance is a necessity when participating in a modern economy and Richard Dwayne Blair has the expertise to help his clients choose wisely. This is the third pillar. Different chapters of life mandate different needs for insurance and he has the knowledge and ability that enable his customers to enjoy peace of mind knowing that they are prepared for the future.

Richard Dwayne Blair comes from a family of teachers and not only admires them, he’s also been inspired by them. He enjoys teaching others in the financial planning arena and helping people lay the groundwork for happy retirements. So he has combined his love of teaching and financial expertise to serve others in an exemplary way with Wealth Solutions. He has been in the financial services industry throughout his career and finds it satisfying to help others relieve financial stress.