David Giertz Offers Advice for Retirees

We all know how important it is to save money for retirement. It is something that we all do. Everyone puts away money for a savings account. In the beginning, it is hard to save money. However, it gets easier soon enough.

The problem is that often, saving money and not spending money on unnecessary expenses becomes a life habit that is hard to break. For so many years, you get used to saving and saving. Then, when you actually retire, you have to start using up that money. You have to spend money on everyday expenses, and you also have to spend money on little things that make life enjoyable. A lot of people have led simple lives in order to make their retirement stash possible, and it is hard to suddenly start spending that money that they sacrificed so much in order to save.

What will happen in the end? What often happens is that instead of using that money to fulfill their life’s dreams of having a blissful retirement that they enjoy, they are going to continue living lives that are simple, and they are going to continue to prevent themselves from enjoying certain things because they want to save their money for some remote possibility of some major emergency. In the end, they will be unable to fully enjoy themselves, which is the whole reason why they started saving up in the first place.

David Giertz is a well known financial advisor, and he has some tips for people in retirement who want to save money. Basically, you have to find the right balance. You should always have a cash reserve and you should make a budget you can always stick to. However, you should set aside money for enjoyment.

David Giertz is a financial advisor. He works at Nationwide Investment Services Corporation. He is the President of Nationwide Financial’s sales and distribution. He has over thirty years of experience.

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