Career as a Retirement Planner
A retirement planner helps a client be adequately prepared for retirement and it includes planning for essential “needs” such as income, medical, long term care as well as “wants” such as charitable giving and legacy planning.
Thus, to be a competent retirement planner, you need to first be fully qualified and licensed as a financial planner and in addition, have specialised knowledge on schemes and financial solutions specific to retirement such as CPF, private annuities and various types of insurance that clients may need for retirement.
Above all, retirement planning is “people work” where service, empathy and patience are critical to help clients set up, implement and maintain a successful retirement plan. Interest in finance is important but interest in the well being of clients is non-negotiable.
Interesting Note: Retirement planning is not exclusive for people who are close to retirement age. Many of our best retirement planning clients are in their 20s. In fact, for retirement planning, the earlier you start, the better is.