David Giertz’s Thoughts on How People Should Plan for Retirement

Retirement planning is one of the most critical decisions one has to make when employed or self-employed. According to David Giertz at https://www.moneytips.com/insurance-agents/david-giertz-1, most people are unaware about how much they should allocate to their social security accounts. For one to succeed in retirement planning, one should enlist the help of a financial advisor.

According to a survey conducted by NHY Financial Retirement Institute, most people prefer to hire a different financial advisor if their current ones are not advising them on social security matters. David Giertz urges financial advisors to focus on formulating ways in which their clients can benefit from their current income in the future. He also believes that money allocated to social security should be forty percent of a person’s income .

Giertz also advises people to save up for retirement early. Based on a survey he conducted posted on yolasite.com, people could end up losing up to three hundred thousand dollars in twenty years if they start the retirement planning process late. The key to succeeding in this endeavor is optimizing on financial resources that matter in the present and future.

David Giertz’s Career Background

David Giertz, commonly known as Dave, is a financial executive and advisor. He oversees the management of Nationwide Financial Distributors Inc. as the president. He also worked as the SVP of nationwide financial distribution and sales department for Nationwide Life Insurance Company. He also serves as an SVP, president, and director of other Nationwide subsidiaries.

During his tenure at Nationwide Financial Services as the sales vice president, the company’s sales revenue increased by over 10 percent. Giertz also worked for FI/WH and NF Sales as the VP of sales. Besides his executive roles, David Giertz’s financial insights have also been featured in media platforms such as the Wall Street Journal. He likes speaking about retirement planning issues at https://angel.co/david-giertz.

AXA Group and The Senior Executive Vice President, Mr. Vincent Parascandola

AXA Advisors is a French international insurance firm that engages in financial services, global insurance, and investment management. The company is headquartered in the 8th arrondissement of Paris. It was founded in 1816 as the Ancienne Mutuelle. In 1978, the company acquired Compagnie Parisienne and later developed to Mutuelles Unies. In 1982, the firm went ahead and bought the Drouot Group, and it became Mutuelles Unies/Drouot. It acquired the name AXA in 1985. In 1991, AXA Advisors was able to take over the American Insurance Company, The Equitable.

Concerning the brand value, AXA has managed to be the first insurance brand globally for eight consecutive years. The last time its value grew by 14% in 2016. This is the period when AXA was recognized as one of the top three worldwide financial services brand providers. The AXA group primarily operates in North America, Western Europe, Middle East, and Pacific Asia, with its presence felt in Africa.

When it comes to philanthropic involvement, AXA Group is mainly involved in social and artistic charitable initiatives. This is the heart of action that has enabled the company to give back to the society. In 2008, AXA Group established AXA Research Fund, which was endowed with €100 million. The organization was formed to provide support to research that primarily focuses on understanding and prevention of risks that threaten human life, environment, and the society as a whole. Three years after its establishment, more than 256 basic-research projects have been funded. AXA Group also helps young students, to become world class researchers through proper networking.

Currently, the Senior Executive Vice President of AXA Group in New York is Mr. Vincent Parascandola. He is responsible for management development, sales, retention, recruiting, development of new financial professionals, and productivity. Mr. Vincent has more than 26 years of experience in the industry of financial services. Vincent started his career in 1987 as an agent for Prudential Company. He also worked for MONY Life Insurance Company, where he held various management positions at both local and regional level. Before becoming the Vice President of AXA Group, he was also the President of the Advantage Group, one of the units of AXA Equitable.

As a recognized leader, Mr. Vincent has received several management awards throughout his career life. Two of the awards include Master Agency and Career Development Awards. He is also a recognized speaker and has delivered many special speeches in several industry and company conference meetings. Looking at his educational background, Mr. Vincent Parascandola graduated with a degree in Bachelor of Science from Pace University.