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What does a Retirement Specialist do?

Learn all about Retirement Specialist duties, skills and much more. Get expert advice on how to become a Retirement Specialist.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A retirement specialist helps people plan for their retirement by providing information and resources about saving money, investing, and Social Security. They may also offer advice about how to make the most of retirement.

Retirement Specialist job duties include:

  • Identify client’s retirement goals and objectives.
  • Develop and implement retirement plan according to client’s needs.
  • Analyze client’s current financial situation and recommend appropriate changes.
  • Monitor client’s retirement account and make necessary adjustments.
  • Provide educational materials and seminars on retirement planning.
  • Keep abreast of new developments in the field of retirement planning.
  • Prepare reports for clients detailing progress towards their retirement goals.
  • Review client’s estate planning documents and make recommendations as needed.
  • Coordinate with other professionals, such as attorneys and accountants, to provide comprehensive retirement planning services.

Retirement Specialist Job Requirements

A retirement specialist should have a bachelor's degree in finance, economics, or a related field. They should also be certified as a financial planner (CFP) or a chartered financial consultant (ChFC). In addition, they should have several years of experience working in the financial industry.

Retirement Specialist Skills

  • Analytical skills
  • Financial analysis
  • Financial planning
  • Retirement planning
  • Investment planning
  • Risk management
  • Insurance planning
  • Estate planning
  • Tax planning
  • Asset allocation
  • Portfolio management
  • Rebalancing

Related: Top Retirement Specialist Skills: Definition and Examples

How to become a Retirement Specialist

A retirement specialist is a professional who helps people plan for and manage their retirement. Retirement specialists typically have a background in financial planning and investing, and they use this knowledge to help their clients make the most of their retirement savings.

There are a few different ways to become a retirement specialist. The most common path is to earn a degree in financial planning or a related field, and then complete additional training in retirement planning. Alternatively, some financial planners become certified retirement counselors after completing specialized coursework in retirement planning.

Regardless of how you become a retirement specialist, the key to success is to stay up-to-date on the latest changes in retirement law and investing. This allows you to provide your clients with the best possible advice as they navigate the complex world of retirement planning.

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Related: Retirement Specialist Interview Questions (With Example Answers)