SRI 111 — Retirement Fundamentals

SRI 111 Overview

SRI 111 provides need-to-know terminology and foundational concepts related to the United States retirement system, regulations affecting the retirement system, and three pillars of the retirement system.

In addition, the course describes the needs of people preparing for and in retirement and explains how the financial services industry provides solutions for personal and organizational retirement needs. It also introduces basic financial concepts for saving and investing.

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

Objectives

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.

Format

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.

Technical Requirements for LOMA Online Courses

Exam Format

Integrated Exams

Online interactive courses are designation courses with integrated, self-proctored exams—the modularized examinations are built right into the course as part of the learning experience. No separate exam enrollment is required.

Pricing and Enrollment

Pricing

See North American course pricing.

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