According to David Giertz, the best way to plan for your retirement life is by planning on investments. Not just any other investment, but an investment that is will assure you of a stable income throughout your retirement life. Saving accounts are considered to one of the best options as a retirement plan, but this may not necessarily be the case. In as much as it is a viable plan, it won’t give you the much-needed stability to last you for many years. It is for this reason that David Giertz suggests that, such plans should be complemented by smart investment initiatives.
A brokerage account is one of the smart decisions that one can make. It will go a long way in supplementing your savings. A brokerage account will give access to investments in the stock, forex and bond markets. Such platforms will enable you to buy and sell particular commodities and make some profits. A brokerage account has the advantage of allowing you to invest and withdraw your investment or profits in a very simple process.
Another saving account that should be seriously looked at is the health savings account. This can be very helpful since medical conditions once a person has reached the retirement age are more likely to occur. Such a situation could strain your financial status very much. Since old age usually comes with high demands in terms of health care, a medical savings account is a worthy investment. Given the medical bills are likely to be huge, such a plan in the early life is crucial as a preparatory measure for the retirement age.
About David Giertz
David Giertz is a financial advisor. He currently works for Nationwide Investment Services Corporation. The corporation has offices in Dublin, Ohio. David Giertz has a huge experience in this field having been ion the industry for 31 years.
David is registered as a broker with FINRA. As a broker, he works as an intermediary between clients and large brokerage firms. The brokerage firms he works for are involved in buying and selling securities, that include stocks, currencies, and bonds.
Read more about David Giertz: https://thebrotalk.com/investing/even-bros-retire-ohio-investment-advisor-david-giertz-ideas-get-prepared/