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SRI 111 — Retirement Fundamentals

Course Type: Designation, Highly Interactive Online Course
Topics: Retirement & Annuities
Designations: ASRI, FSRI, FSRI Level I
Language: English



Overview

The revised SRI 111 provides a holistic view of the retirement system and industry as well as need-to-know retirement planning and preparation information.

After completing this course, learners should be able to:

  • Describe the evolution of the U.S. retirement system and its stakeholders.
  • Distinguish between the retail and institutional markets and identify the key participants in the institutional marketplace.
  • Identify the three pillars of the retirement system and describe how they support a secure retirement.
  • Describe the benefits available from government-sponsored retirement plans and explain how factors such as work history and claiming age at retirement affect benefit amounts.
  • Explain the features of workplace retirement plans available to traditional employees and the self-employed.
  • Describe the types of individual financial resources that can be used to fund retirement.
  • Describe the financial characteristics and risks faced during the pre-retirement and retirement life stages.
  • Explain financial concepts, such as the time value of money and compound interest, and the impact on retirement savings.
  • Describe the personal and financial requirements that influence the nature of a person’s investment portfolio.
  • Describe the factors that influence investors’ decisions about the individual investments in their portfolio, among them, the importance of asset allocation and diversification.
  • Explain the benefits of adjusting investment asset allocations over time and give examples of ways investors can rebalance allocations.

Topics

  • The Retirement System
  • Pillar I: Basic Government Pension/Social Security
  • Pillar II: Workplace Retirement Plans
  • Pillar III: Individual Financial Resources
  • The Pre-Retirement Life Stage
  • The Retirement Life Stage
  • Financial Education and Planning
  • Types of Investments, Returns, and Risks
  • Portfolio Creation and Management
  • Describe the primary resources that determine people’s financial status at various life stages during pre-retirement years and their concerns about the viability of traditional retirement savings and income options.
  • Describe the benefits available from government-sponsored retirement plans and explain how factors such as work history, age, and marital status at retirement affect benefit amounts.
  • Explain the actions retirees must take to turn amounts accumulated in employer-sponsored and individual retirement plans into retirement income.
  • Identify the four primary categories of retirement products and describe the customer needs they address.
  • Explain how factors such as inadequate funding of government programs, inadequate retirement savings, and poor market performance can put retirement income at risk.
  • Distinguish between the retail and institutional markets and identify the key participants in the institutional marketplace.
  • Describe the personal and financial requirements that influence the nature of a person’s investment portfolio.
  • Describe the factors that influence investors’ decisions about the individual investments in their portfolio, among them, the importance of asset allocation and diversification.
  • Explain the benefits of keeping investment allocations stable over time and give examples of ways investors can rebalance allocations.

Course Format

LOMA's popular online interactive courses teach important industry concepts through an engaging, highly interactive, multi-media approach that often includes integrated video, audio and scenario-based learning. Online interactive courses are designation courses with integrated exams—the modularized examinations are built right into the course as part of the learning experience. No separate exam enrollment is required.

Exam Format

Integrated Exams

Online interactive courses are non-proctored designation courses—the modularized examinations are built right into the course as part of the learning experience. No separate exam enrollment required!

How to Enroll

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About the Program
WhyFSRI-2019-01-262
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