Transitioning from saving your money for retirement to spending your savings is a difficult transition for many people. David Giertz is a financial advisor who is very familiar with this phenomena. His message is that you can spend your saved money in a responsible way in retirement while still doing the things that you enjoy. He says the key is to have a plan and use both budgets and cash reserves.
David Giertz has said that the fear of spending money in retirement is ironically more of a problem with millionaires than people who have accumulated less wealth for retirement. Most people who have saved a million have done so by diligently saving as much as possible and limiting their spending as a lifetime habit. He has pointed out that the whole concept of saving for retirement is to have an income once you no longer work for a living. People who have retired should enjoy the fruits of their lifetime of saving by spending in a responsible way.
David Giertz earned his college education at Millikin University, where he earned his bachelors, and at the University of Miami where he earned his MBA. After graduation, he entered the financial industry as a registered financial advisor. He has also served as an executive in the industry, eventually becoming a president at Nationwide Financial.
In addition to helping people save for retirement and other financial goals, David Giertz also has years of experience with other financial products such as life insurance and annuities. He has helped many people over the course of his 31-year career meet their financial goals through the careful management of their portfolios and insuring them in a way that protects their dependents in the event they prematurely die.