Retirement Plan Specialist salary in Canada

Average Yearly Salary of Retirement Plan Specialist in Canada is approximately 57,494 CAD (57,282 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Retirement Plan Specialist do?

A retirement plan specialist is a professional who assists individuals and organizations in effectively planning and managing their retirement savings. They are responsible for providing guidance on retirement plan options, such as 401(k) plans, IRAs, and pension plans, and helping clients understand the associated benefits and risks. Retirement plan specialists analyze financial data, assess retirement goals, and develop personalized strategies to maximize savings and achieve long-term financial security. They also educate clients on retirement planning principles, investment options, and tax implications. Additionally, retirement plan specialists monitor and evaluate the performance of retirement portfolios, make necessary adjustments, and ensure compliance with legal and regulatory requirements.

Skills: retirement planning, retirement savings, financial advisor, retirement benefits, investment management, retirement portfolio.
Job industry: Finance

How much does Retirement Plan Specialist make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Retirement Plan Specialist a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Retirement Plan Specialist?

High salary for Retirement Plan Specialist would be somewhere between 63,243 CAD and 83,366 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retirement Plan Specialist in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 57,494 CAD
Estimated Monthly Salary: 4,791 CAD
Estimated Weekly Salary: 1,106 CAD per week
Estimated Hourly Salary: 28 CAD per hour
By working as Retirement Plan Specialist a person can save up to 2,655 USD per month or 31,861 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Retirement Plan Specialist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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