Retirement Income Certified Professional®The purpose of retirement financial planner is to help individuals who are at or near retirement build a plan to ensure they meet their retirement income and other financial goals throughout their nonworking years and manage the many risks they may face. As coordinated planning and better decision making can improve retirement security, retirement income planning is increasing complex and important area of retirement planning.
The RICP® designation provides comprehensive instruction on building integrated and comprehensive retirement financial plans. A key focus is understanding, choosing, and executing a sustainable retirement income strategy from available resources—whether that means using systematic withdrawals from a portfolio, building an retirement income floor with bonds or annuities, or using a bucket strategy.
The program, developed by more than 45 of the nation’s top financial retirement advisors, provides advisors with best practices in areas including:

Social Security claiming
Evaluating and addressing risks faced in retirement financial planning
Choosing distributions from employer sponsored retirement financial plans
Medicare and other health insurance choices
Planning for long-term care needs
Choosing appropriate housing
Retirement income tax and legacy planning

To Receive the RICP professional designation candidates must successfully complete the RICP coursework and pass the closed book proctored exam. 15 hours of continuing education must be completed every two years to maintain the designation. Issuing Organization: The American CollegeAccredited by: The issuing organization (The American College) is accredited by the Middle States Commission on Higher Education Agency