In this era, it is crucial to ensure that you save up enough cash for a rainy day. Additionally, you should also ensure that your retirement is also well taken care of. However, even as you save the money, you must ensure that you take into consideration the money you will need to use on a daily basis. It is common to see a retiree afraid to spend their money having a guilt-conscious that it would be extravagant. However, this phobia holds many retirees from enjoying their life and in the long run, the money is left unspent yet there were so many dreams that it could have fulfilled.
David Giertz is a financial advisor who has great advice to help you enjoy your golden years freely. Here are some of them:
- Discipline plays a key role in ensuring you enjoy your last years in peace, with great fun and security. Stick to plan that does not involve over indulging
- Develop a retirement plan with the thought of what you are willing to leave behind for your heirs
- Come up with a budget that caters to all your dreams ranging from those of having fun toyour necessities. It makes it a more pleasurable way to spend your money.
- Have sufficient cash reserves ensuring that you have some liquid cash that you can easily access. These cash reserves reduce the risky feeling of losing money every time you try to sell your shares.
David Giertz is a well-known financial advisor with a recommendable financial background of up to 30 years of experience. As the former president of the Nationwide’s financial sales and distribution center, Dr. Giertz was responsible for leading the company on the right path of success financially. He also had experience at Citi Group for a decade. His experience has led to the gain of great knowledge and advice that helps many retirees live their lives to the fullest.