What does a retirement advisor do?

In a nutshell, a retirement advisor helps you set financial retirement goals and develop a plan to reach them. They can also help qualify, prioritize and quantify your retirement goals. Additionally, your advisor can act as a champion to keep you focused as you approach retirement age.

>> Click to

Thereof, do I need a retirement advisor?

If you are looking to save for retirement, or are at retirement and need to live off of the income generated by your assets, you may need the help of a financial advisor. Not all financial advisors specialize in retirement planning, and so a qualified and knowledgeable retirement advisor should be sought out.

Furthermore, how long does it take to complete the Ricp? Each course takes students about 40 to 60 hours to work through at their own pace. His expectation is that each course will take 3-4 months to complete, so the designation can be earned within one year.

Then, what is a RMA designation?

Retirement Management Advisor (RMA)

Financial services professionals with three years relevant experience or acceptable designations (CIMA®, CPWA®, CFP®, CFA®, ChFC, RICP) who adhere to the Institute’s Code of Professional Responsibility. Education Requirements.

Leave a Reply