Once the course begins you will have weekly reading assignments, audio PowerPoint presentations covering course material, and weekly exams that generally consist of about 25 to 35 multiple choice questions. You must get 75% of the exam questions correct to pass the course.
*All students are required to enroll in the Retirement Counseling I course first.
Retirement Counseling I
This course will provide you with the intermediate knowledge of retirement preparation, counseling and investment management for retirees.
Fundamental and preparatory topics include: retirement planning and budgeting across the life cycle, behavioral finance, cash management, debt management, tax and estate planning strategies, elder care, extended sources of retirement income outside employer sponsored plans.
Counseling topics include: effectively counseling clients with unique communication needs, and helping pre-retirees understanding the importance of preparing psychologically, socially, physically, geographically and financially for retirement, and ethics.
Investment management topics include: the basic investment instruments, common and preferred stock, bonds, short-term instruments, mutual funds, annuities and guaranteed contracts, and the various fee structures associated with these investments, managing risk through diversification, asset allocation and portfolio management, and the important aspects of time horizon and goal appropriate investing.
Retirement Counseling II
This course will provide you with the intermediate knowledge of retirement plans, distributions, and the risks and solutions to managing retirement income.
Retirement plan topics include: the definition of qualified and non-qualified plans, basic features of qualified and non-qualified plans, the difference between defined benefit and defined contribution plans, advantages of each plan to employers and employees, the rules governing qualified plans, including eligibility and contribution limitations, payment options at retirement and the rules governing distributions, plans for individuals and the self employed, Social Security and Medicare.
Retirement income planning topics include: goal setting, retirement accumulation model, determining client retirement income and expense gaps, managing retirement risks, identification of tax and estate planning issues and opportunities, converting resources into income, and utilizing other professionals.
Certificate of Completion
Upon completion of the courses you will be awarded a Certificate of Completion from the Texas A&M University–Commerce Center for Professional Development.