Home > Salary > Ethiopia > Retirement Plan Specialist
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.
Estimated Yearly Salary: 124,548 ETB
Estimated Monthly Salary: 10,379 ETB
Estimated Weekly Salary: 2,395 ETB per week
Estimated Hourly Salary: 60 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,045 ETB
Estimated Weekly Salary: 2,318 ETB per week
Estimated Hourly Salary: 58 ETB per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 2,074 USD
Estimated Monthly Salary: 173 USD
Estimated Weekly Salary: 40 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 124,548 ETB
Estimated Monthly Salary: 10,379 ETB
Estimated Weekly Salary: 2,395 ETB per week
Estimated Hourly Salary: 60 ETB per hour
By working as Retirement Plan Specialist a person can save up to 96 USD per month or 1,152 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Retirement Plan Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Gas station manager (49,430 ETB per year, pre-tax.)
Banking compliance analyst (144,571 ETB per year, pre-tax.)
Paving stone installer (114,152 ETB per year, pre-tax.)
General duty housekeeper (42,086 ETB per year, pre-tax.)
Learning facilitator (90,160 ETB per year, pre-tax.)
Retirement Plan Specialist salary in Ethiopia
Average Yearly Salary of Retirement Plan Specialist in Ethiopia is approximately 124,548 ETB (2,074 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
Job industry: Finance
How much does Retirement Plan Specialist make?
Salary details
How much does Retirement Plan Specialist make?Estimated Yearly Salary: 124,548 ETB
Estimated Monthly Salary: 10,379 ETB
Estimated Weekly Salary: 2,395 ETB per week
Estimated Hourly Salary: 60 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 120,540 ETBEstimated Monthly Salary: 10,045 ETB
Estimated Weekly Salary: 2,318 ETB per week
Estimated Hourly Salary: 58 ETB per hour
Last revision of data: 2024-01-02Retirement Plan Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,074 USD
Estimated Monthly Salary: 173 USD
Estimated Weekly Salary: 40 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Retirement Plan Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Retirement Plan Specialist in Ethiopia earns on average:
1.18 times the average salary (or 118% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Retirement Plan Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Retirement Plan Specialist in Ethiopia earns on average:
1.18 times the average salary (or 118% of average salary).
Is Retirement Plan Specialist a well paid job?
Yes, our data show that Retirement Plan Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Retirement Plan Specialist?
High salary for Retirement Plan Specialist would be somewhere between 137,003 ETB and 180,595 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Retirement Plan Specialist in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 124,548 ETB
Estimated Monthly Salary: 10,379 ETB
Estimated Weekly Salary: 2,395 ETB per week
Estimated Hourly Salary: 60 ETB per hour
By working as Retirement Plan Specialist a person can save up to 96 USD per month or 1,152 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 824 USD
Kenya is 6,486 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Gas station manager (49,430 ETB per year, pre-tax.)
Banking compliance analyst (144,571 ETB per year, pre-tax.)
Paving stone installer (114,152 ETB per year, pre-tax.)
General duty housekeeper (42,086 ETB per year, pre-tax.)
Learning facilitator (90,160 ETB per year, pre-tax.)
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Salary details presented on this website are meant for informational purposes only. Our data is sourced through multiple sources and may not necessarily be up to date. Users must cross-reference salary information independently before making financial decisions. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the data displayed is flawless. By accessing this website, you agree that salary information is offered 'as is' and without assurances.
This website offers salary estimates for informational purposes only. While we gather data from various sources, we cannot ensure full reliability. Users are encouraged to consult external organizations before making any career moves. Salaries fluctuate due to various factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the correctness of the displayed salary data. Your use of this site confirms your understanding of these terms.