What is a Retirement Income Certified Professional (RICP)?

Retirement Income Certified Professionals are essentially financial advisors who help people ensure all of the money they saved for retirement lasts a lifetime.

What is a Retirement Income Certified Professional (RICP)?

Whether you’re already retired or have plans to retire in the near future, an RICP can give you some much needed peace of mind. With their experience and expertise, you can live a fulfilling life in retirement while avoiding common financial pitfalls. 

Should You Hire an RICP?

What Does it Take to Earn and Maintain the RICP?

Those who hope to earn their RICP designation must fulfill certain requirements set forth by the American College of Financial Services, a private institution in Pennsylvania with a focus on training for financial practitioners.

The American College of Financial Services requires that all candidates have at least three years of business experience in insurance and healthcare, financial services and employee benefits, or another related field. 

Education and Experience to Earn the RICP Designation

An undergraduate or graduate degree from an accredited institution constitutes as one year of business experience. Those with part-time experience may meet this requirement with 2,000 hours.

In addition, candidates must complete a robust, multi-course program that covers a variety of topics including the retirement income process, strategies, and solutions, sources of retirement income, and managing the retirement income plan.

Once they fulfill their education requirements, candidates must pass a 100-question, closed-book, proctored exam at the end of each course. 


After a financial professional passes the RICP, they’ll need to complete three hours of approved continuing education every two years. They must also adhere to The American College Code of Ethics and Procedures.

RICP Continuing Education