Do you know what a certified retirement counselor is? You might be getting is that it is a program related to the people who are retired. If you think so, you are almost right about it. This is a kind of program or examination through which dedicated people can make their life more joyful after retirement. It is for those dedicated workers and professionals financial advice who are committed to their work. International Foundation for Retirement Education (InFRE) started a certified retirement counselor program in 1997. This organization comes in the category of a non-profit organization.
What is exactly is done through that is the experiences of senior workers are used to deliver vivid knowledge for new workers. So they don’t have to face the issues and losses. If you have retired this year and think that whatever you have learned during this long period could be fruitful for new comes, you should take this CRC exam. The best part of the retired counselor is that new professionals can get the best insights for their retirement planning. A certified retirement counselor can help people to manage money, retirement planning, insurance needs, and more.
CRC exam is not a big deal. It is designed to find out the mastery of the subject or field one has. And you know what if you are retired, and about to join as a certified retirement counselor, you then have more opportunities to learn new things in various dimensions. You will even apply to various posts, such as human resources and managers, etc. in different companies.
Many times it is seen that many people ask about life after retirement to those who got retired already. Sometimes, they don’t feel like going to them, and sometimes when they see nothing auspicious, they can get loose their morale. So this program will not let it happen. When new professionals get to know that there is something wonderful after retirement, it will give them connected to their work and society. So if you are interested in prying more about CRC, then take your cursor below now.
- A little bit more about the CRC examination
CRC certificate is given by InFRE. Those who are CRC certificate holder they need to re-register every year. So if you are interested in continue study and exploration, then you are well welcome for that. This program does not have any curricular activities. The compelling this is that many people apply for the exam, and almost eighty percent of people pass it. You might be thinking if this is an exam, then there would be criteria indeed. Yes, there is.
- Dwell upon CRC profile
One of the best things about this exam is that the candidates are not needed to do any course or certification. This is an exam based on what kind of knowledge you have gathered. That means it is based on professional knowledge that one comes across while doing a job in the company. That is why you must have read above that the exam for certified retirement counselors is not a big deal.
What they want you to do is to be an attorney for financial planning. For that, a certified retirement counselor will be trained. That means you have got more to learn ahead or after retirement. No need to worry about finance, and anything else after retirement. As you were told above that, you don’t need to have any certification after CRC. Even though you find yourself not very comfortable with this new work, you are guided by InFRE.
For a financial advisor and manager, this exam is easy to clear, but some people who do have possess very much knowledge regarding the finance field are provided courses in required areas to be a good certified retirement counselor. These courses are fundamentals of investments, retirement income management, guidance on counseling, and retirement income management, etc. Now you might be getting that it all for you. So you can give you a promising service from your side to the needy people.
- Could one switch to another profession?
This is a very genuine question that could bubble up in anybody’s mind, and that is, can they switch to another profession? The answer says, indeed, yes. But this is only for those professions that allow your credential. This certificate certainly is going to help you a lot. But there might be spare things in eligibility criteria. A certified retirement counselor can deal with any rigorous issue related to finance.
5 Reasons to Become a Certified Retirement Counselor
If you have or know something that can help out at least ten people in their bad time, is it not good to let that reach out to them? It’s a commendable idea.
- Share to people what you have learned so far
Sharing could be the second priority for a few people, but after retirement, people think to share whatever they have learned. It is a good thing for the new generation, too. They need your counseling and guidance. The young generation is fast in making a decision that might result in loss. Being a counselor, it would be easy to figure out what are they suffering for and how they tackle the problems? You can counsel than in a better way.
This is the best reason to be a certified retirement counselor certainly. And you know what? You will be busy exploring rather than sitting at home. It is suitable for health, too.
- Make some money after retirement.
It can be considered as a job after retirement, but it does not. A certified counselor possesses a very practical knowledge of finance. So if you are one of the certified retirement counselors, you will be able to provide the best help to the people. The fascinating thing is that you can make a good amount of money.
- Finance needs after retirement
It is seen that many people have to face some financial problems after retirement. For that, different resources are available, like loans and mortgage, etc. But these are the ways you have to return and put something from the property on the stack. But if you have come across a professional field and possess some years of experience, too.
There is nothing to bother about that because if you become a certified retirement counselor, you will not have to beg for money before someone. You deserve something helpful after retirement. So this is the best reason you can choose life as a counselor. In this way, you will be light, and you will be helping many people, too.
- Help people to manage the money
Many people get confused or don’t have good knowledge about estate planning or retirement planning. So sometimes, they need someone who can help them in such scenarios. So being in this profession, one can help such people. There are other financial related things like insurance needs and personal finance for what one certified retirement counselor help easily. So this profession is one of the most needed professions where there is a great need for a good counselor.
- Help people in investing money prudently.
When it comes to making the right investment, people don’t have a good idea of where to invest. And the worst part is that most people invest by being influenced by their emotions rather than practical. For that, some people hire a financial advisor, too, or have a personal financial advisor. But that is not feasible for everyone.
A certified retirement counselor can be a financial advisor for those who do not have enough budgets to hire a personal finance advisor. The main point is that needy people don’t feel hesitate to meet such people.
Four steps to initial Certified Retirement Counselor certification
CRC exam does not have very tough criteria. The first thing is that those who are graduates from any stream apply to it. What is needed is that? The candidates must have some flexible years of experience. Those people are also eligible who diploma holders with sufficient experiences are. These eligible criteria might change that you can see on the official website while filling the application form.
- Step -1: Complete the registration of CRC exam
There are a few ways to get registered for the CRC examination. You can fax the registration form, or you can go online to register yourself for the exam. Another way to register for the exam is to call them up on a number that you find inside the official website. As your registration is done, you will get the message on your cell number or an email.
- Step-2: Start preparing for CRC exam
The exam is not tough, but a little preparing good for that. To know about the domains that are asked in the exam, you can check the CRC test specification. It will give your proper idea about the main exam. So you can make yourself well prepared to take the exam. To more information regarding the exam, the readers are suggested to talk a look around the official site once.
If you find that you need a little bit prepared for the exam, you don’t need to worry about it because InFRE provides the study material. That is enough to clear a certified retirement counselor certification exam. You can find the exam modules, too, on their official site.
- Step-3: Passing the CRC certification exam
The exam is about four hours and possesses two hundred questions of the different domains of knowledge. This is the main step that one needs to go through and pass to become a certified retirement counselor. It is a computer-based exam and is help four times in a year. After taking the exam, your result will be sent to your email address, or you can see it on the official site.
- Step-4: Completion of the certification process
In this step of completion of certification, the candidates have to go under the document verification process. In which, it is verified that the candidates do have required documents or not. If not, then not eligible. Or you would be given time to get complete the documents. To submit the documents, the applicants are given around three months.
If they don’t submit within time, they will be restricted for further certification process by InFRE. Finally, there are a few requirements related to training that a candidate must need to complete. Then they are given a certified retirement counselor (CRC) certificate.
How to maintain CRC Certification?
- As you mentioned above, it is necessary to complete some requirements related to CRC training to get a certificate. So there are some annual requirements like fifteen hours of approved education and completion of the Certificate holder’s statements annually. There will include some conferences, training, internal programs that candidates are needed to attend timely.
- That will help them in getting a certificate and license easily. If you have more doubts about it, you are suggested to take a walk through the official website. You will find the CRC candidate handbook, which is packed with all essential information regarding certified retirement counselor program, examination, certification process, etc. So have a glance there.
Being a certified retirement counselor can bring a bunch of benefits to you. What is generally seen after retirement is many people come across financial problems? And then they have to go for a loan or mortgage service. But there is a much better solution for most of them, called the CRC program. This is an exam that is needed to pass to become a certified counselor. You know what? You will not have to worry about only money.