How Much Does a Retirement Advisor Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Retirement Advisor in Illinois is $67,391. While Salary.com is seeing that Retirement Advisor salary in IL can go up to $90,522 or down to $43,938, but most earn between $55,115 and $79,499. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Retirement Advisor
Retirement Plan Advisor
$67,391
Illinois
Per Year
Retirement Consultant
$69,214
Illinois
Per Year
Retirement Counselor
$69,214
Illinois
Per Year
Retirement Manager
$141,679
Illinois
Per Year
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Similar Job Salaries to Retirement Advisor by Company

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Company average base salary in (usd) range
Alpha Dog Insurance
Retirement Advisor
$80,594/yr
$71,783
$89,405
RANGE: $71,783 - $89,405
Empower
Retirement Plan Advisor
$55,499/yr
$49,630
$61,369
RANGE: $49,630 - $61,369
Corebridge Financial
Retirement Account Advisor
$57,932/yr
$51,996
$63,868
RANGE: $51,996 - $63,868
Edward Jones
Investment and Retirement Advisor
$75,634/yr
$67,170
$84,099
RANGE: $67,170 - $84,099
Forrest T. Jones & Company
Financial Retirement Advisor
$59,840/yr
$52,752
$66,928
RANGE: $52,752 - $66,928
Belmont Capital Advisors
Retirement Plan Advisor
$73,987/yr
$65,707
$82,267
RANGE: $65,707 - $82,267

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Top 10 Highest Paying Cities For Retirement Advisor Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Retirement Advisor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Retirement Advisor job salaries in Illinois. Some cities can pay higher salaries for Retirement Advisor jobs, which can indicate that there is a large demand for Retirement Advisor positions in this city.
The following table shows top 10 cities where the Retirement Advisor salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Retirement Advisor salary is $68,323 in Chicago, which is higher than the national average. There are 20 cities' Retirement Advisor salary higher than national average in Illinois.
The average salary for a Retirement Advisor in Illinois is $67,391, but we found that the city with the highest salary for Retirement Advisor jobs is Chicago, IL, and it is higher than Cicero. Retirement Advisor jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $68,323 $5,694 $1,314 $33
Cicero $68,323 $5,694 $1,314 $33
Oak Park $68,323 $5,694 $1,314 $33
Evanston $68,297 $5,691 $1,313 $33
Skokie $68,297 $5,691 $1,313 $33
Oak Lawn $68,244 $5,687 $1,312 $33
Des Plaines $68,138 $5,678 $1,310 $33
Mount Prospect $68,085 $5,674 $1,309 $33
Aurora $67,794 $5,650 $1,304 $33
Hoffman Estates $67,735 $5,645 $1,303 $33

What Does a Retirement Advisor Do?

One good way to find a reputable retirement advisor is to ask friends and neighbors you trust, as well as other professionals you may know, such as a lawyer or accountant.
Updated November 24, 2021
Accordingly, before implementing a reallocation proposal, you should consider whether the proposed investment allocation could be implemented in a more optimized manner across your plans and accounts, a function not currently available as part of the TIAA Retirement Advisor.
Updated November 17, 2021
If you hold TIAA Traditional, you should confirm and consider the crediting rates of each when reallocating your accounts (or implementing a TIAA Retirement Advisor reallocation proposal) so that you do not inadvertently sell annuities available to you that have higher rates.
Updated November 10, 2021
Saving for retirement is easier the sooner you get started, and a professional advisor can help you formulate a plan.
Updated October 27, 2021
Similar to the accumulation phase, the TIAA Retirement Advisor in Retiree mode will propose an investment strategy with a specific risk level for you based on your financial circumstances and risk preferences if provided.
Updated December 20, 2021

Frequently Asked Questions About a Retirement Advisor Salaries

What is the average of a Retirement Advisor in Illinois?

The Retirement Advisor salary range is from $55,115 to $79,499, and the average Retirement Advisor salary is $67,391/year in Illinois. The Retirement Advisor's salary will change in different locations.

Which location pays the highest Retirement Advisor salary in the United States?

The Retirement Advisor salary in San Jose, CA is $83,391 which is the highest in the US.

What kinds of reasons will influence the Retirement Advisor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Retirement Advisor.

What is the growth rate of the Retirement Advisor's salary?

If you are thinking of becoming a Retirement Advisor or planning the next step in your career, find the detailed salary report of a Retirement Advisor.