Scott Rocklage joined the company 5AM Ventures as a Venture Partner in back in 2003 and by 2004 he was a Managing Partner. Dr. Rocklage has spent over three decades overseeing various businesses in the healthcare management field of business and has strategic leadership qualities that led to the FDA approval of three (3) US New Drug Applications. In the past, Scott Rocklage has also served as Chairman of Cubist Pharmaceuticals and also has served as the CEO of Nycomed Salutar as well. Dr. Rocklage was also the Executive Chairman of the Ilypsa (acquired by Amgen) and Miikana (acquired by EntreMed).
Currently, Scott Rocklage serves as Board Chairman of Achaogen, Relypsa, and Semprus as well as a member of the board for WaverRx, Pulmatrix, and Variation as well as a member of the Board of Associates of the Whitehead Institute. Scott Rocklage also does his work with 5AM Ventures out of his offices while working from Boston, Massachusetts.
In addition to over 30 years of service in the healthcare management industry, Scott Rocklage has also pursued inventing things as well. Rocklage also has over 30 US patents and co-patents as an inventor. He has also appeared in more than 100 peer-reviewed publications throughout his career. Dr. Rocklage works from his offices based in Massachusetts and more information click here.
Dr. Scott Rocklage went to the University of California where he received a Bachelor of Science Degree in Chemistry. He moved on from there to MIT to get his PhD in Chemistry afterward. He conducted his research at the laboratory of Richard R. Schrock (Nobel Peace Prize of 2005) and learn more about Scott Rocklage.
David Giertz, President of Nationwide Life Insurance Company’s financial distribution and sales department recently sat down with Veronica Dagner, a columnist with the Wall Street Journal about Social Security. He talked about how financial advisors really need to talk to their clients about Social Security. There has been a lot of misunderstanding about how Social Security works and what benefits clients should expect from it.
Social Security Covers Minimum Expenses
Retirees and those who are expecting to retire within the next few years already have some understanding that social security won’t cover all their expenses. It is important to note that social security was only meant to be a safety net for those who are unable to support themselves. A good retirement plan will have resources from various funds on wsj.com.
Giertz explained that complicated rules covering Social Security as part of the reason why some financial advisors avoid the topic with their clients on CNBC.com. He cited a survey done by Nationwide Retirement Institute of retirees and future retirees to prove this point.
Social Security Benefits-Factors for Determining Amounts
In that Nationwide survey 86 percent of future retirees had limited understanding of the factors surrounding the amount of money they would receive from Social Security. David Giertz emphasized that financial advisors should factor in the risks involved with taking Social Security at 62 rather than waiting until they become eligible for full benefits.
David Giertz advises that people should basically not take their Social Security benefits until they are eligible for the full benefits. Understandably there are certain circumstances where taking Social Security benefits at 62 is prudent and necessary.
The reason at https://wallethub.com/profile/david-luther-giertz-13215042i/ is that they could potentially leave thousands of dollars “on the table” that could be used. He suggests that financial advisors that avoid talking about Social Security will lose clients.