Retirement & Personal Finance Consultant

Business Idea: Become A Retirement & Personal Finance Consultant in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$13.5K
Avg Startup Costs
$11.7K
Score
73
Market Size
Avg Revenue
Min Revenue
$2K/month
Max Revenue
$30K/month
Avg Days To Build
360 days

As individuals are retiring earlier and more often than ever, there is an increasing demand for these types of services. A retirement consulting business can tap into a growing market of individuals seeking professional guidance for their post-work years.

A retirement consultant specializes in helping individuals plan for a secure and fulfilling retirement.

They assess clients' financial situations, recommend strategies for savings and investments, and guide them on how to achieve a comfortable retirement lifestyle.

Revenue & Profitability

How much do retirement & personal finance consultants make?

Startup Costs

How much does it cost to become a retirement & personal finance consultant?

  • It can cost as low as $10 to become a retirement & personal finance consultant.
  • It can cost as high as $500,000 to become a retirement & personal finance consultant.

Learn more about the costs of a retirement & personal finance consultant.

Examples Of Successful Retirement & Personal Finance Consultants

Successful retirement & personal finance consultant businesses and case studies

MoneyNing.com, a personal finance website that receives 200,000 monthly visitors, discusses how the founder's accidental and passionate interest in tackling personal finance has led to its profitability through advertising, affiliate marketing, and email campaigns alongside insights on building long-form content and networking with the community.

$30K Monthly Revenue
$10 Startup Costs
Read by 9,509 founders

The Modest Wallet is a personal finance website founded by Ricardo Pina that generates an average of $8,500 a month in revenue by using an affiliate commission revenue model, with a strong emphasis on SEO to drive website traffic.

$8.5K Monthly Revenue
$1.5K Startup Costs
Read by 10,228 founders

See full list of successful retirement & personal finance consultants.