In a financial perspective it is very important to look at the issue of social security. A survey conducted by the nationwide security institute confirmed that most advisers are not talking about the social security and this has made those who have retired and those that are attaining the retirement age to change advisers. Furthermore, the advisers avoid the topic on social security because it is complex to comprehend. Similarly, advisers should take interest in the social security since clients will start moving out if they think about the retirement process. Social security is important so that the clients can know about the consequences of taking retirement benefits early and the advantages of delaying these benefits.

 

 

Since April 2013 David Giertz has been the president of Nationwide Financial Distributors. Previously in march the same year he held the position of vice president. He also serves as the president, senior Vice president and director for other Nationwide companies. Prior to his current position he served as a vice president, Sales FI/WH from the year 2009 to 2013 and later as a vice president-NF sales (Bank Channel) from 2004 to 2009. David recommends the creation of an income plan that will be in exclusive of the Social security benefits.

 

 

According to the study a majority of the retirees tend to experience unexpected problems such as health earlier than expected forcing them to take up their retirement benefits early. This should not be the case since taking up benefits early leads to a lower monthly amount after retirement. Most retirees with advisers tend to foresee such occurrences and avoid them. Unfortunately, the same cannot be said for those without advisers. This shows that advisers play a major role in facilitating proper planning for retirement. As such, the advisers should also advise clients on social security to ensure that the clients are fully prepared. https://davidgiertz.yolasite.com/