As of September 01, 2026, the average salary for a Retirement Plan Consultant in the United States is $62,396 per year, which breaks down to an hourly rate of $30.
However, a Retirement Plan Consultant's salary can vary significantly. Here’s a look at the typical salary range:
Retirement Plan Consultant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $72,685 | $6,057 | $1,398 | $35 |
| Average | $62,396 | $5,200 | $1,200 | $30 |
| 25th Percentile | $55,863 | $4,655 | $1,074 | $27 |
A Retirement Plan Consultant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Retirement Plan Consultant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Retirement Plan Consultant | $59,556 |
| Intermediate Level Retirement Plan Consultant | $59,745 |
| Senior Level Retirement Plan Consultant | $61,639 |
| Specialist Level Retirement Plan Consultant | $65,422 |
| Expert Level Retirement Plan Consultant | $66,935 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 8.19% |
| Microsoft Excel | 2.22% |
| Workday | 1.74% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Retirement Plan Consultant's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Consulting | $75,499 | |
| Leadership | $74,251 | |
| Loan Review | $68,011 |
Your level of education can impact your salary potential. While many Retirement Plan Consultants enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Retirement Plan Consultant with a Bachelor's Degree is between $61,813 and $68,170).
| Typical Education for Retirement Plan Consultant | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 1.6% |
| High School | 15.2% |
| Associates | 8.0% |
| Bachelors | 64.8% |
| Masters | 10.4% |
| Doctorate | 0.0% |
Understanding how a Retirement Plan Consultant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $72,685 | $6,057 | $1,398 | $35 |
| Average | $62,396 | $5,200 | $1,200 | $30 |
| 25th Percentile | $55,863 | $4,655 | $1,074 | $27 |
Salaries for a Retirement Plan Consultant can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $56,685 in 2023 to around $55,458 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Retirement Plan Consultant salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $56,685 |
| 2024 | $55,785 |
| 2025 | $55,458 |
| 2026 |
View More
|
| 2027 |
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The Insurance industry offers the highest average compensation for Retirement Plan Consultant roles, with salaries approximately 20% above the market median.
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