Cover - RetireCo Insurance Career Review

RetireCo Insurance Career Review

By David Duford - January 03, 2023 - 5 Mins Read

Disclaimer: We are not in any way affiliated with RetireCo Insurance. In fact, we are a direct competitor of theirs. This article is our personal review of their agent sales career opportunity and our personal opinions of the company. If you are looking to contact ReetireCo directly, call them at  1-888-471-3762.

Are you considering a career selling insurance with RetireCo Insurance?

If so, you’ve found the right article.

In this article, I will describe how a career selling insurance with RetireCo Insurance works so you can decide whether it’s the right opportunity for you.

Without further ado, let’s begin.

PS: If you would like to learn more about insurance sales opportunities other than RetireCo Insurance, we’ve posted tons of insurance career reviews on this page.

NOTE: Are you interested in selling insurance as a business? Yes, then check out my Free Insurance Agent Resource Guide to find out more.

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About RetireCo

RetireCo was founded in 2009 in Hartland, Wisconsin by Matthew McGonigle. It is a life insurance wholesale and marketing firm that develops innovative marketing and distribution strategies for the insurance industry.

The company is headquartered in Milwaukee, Wisconsin, and has several regional offices across the country.

Products Sold And Market Focus

RetireCo partners with several hundreds of top-rated national carriers to provide more than 17,000 products in 49 states.

They offer insurance across all product lines, including:

    • Life insurance (term life, universal life, whole life, and final expense)

    • Accident insurance

    • Home and auto insurance

    • Business insurance

    • Health insurance

    • Medicare (Medicare Advantage, Supplements, Senior Group)

    • Disability

    • Retirement (annuities, bonus plans, retirement planning), and

    • Funeral insurance.

How Leads Work

RetireCo offers a variety of lead types to its insurance agents, ranging from internet leads to comprehensive seminar systems across all their product lines.

They provide free leads, distributing them evenly to the agents that are closest to each prospective lead. The company also sells leads and gives access to lead vendors that integrate with their marketing and sales systems. The company provides additional services to help agents generate leads using direct mail, bulk email, and prospecting lists.

A dedicated CRM platform and technology helps agents communicate effectively with their leads and boost their business. The integrated, user-friendly Lead Flow system allows them to add leads based on their budget, preferences, product lines, and selling style. The system can also be used to automate communication through phone calls, emails, text messages, and social media.

How Getting Paid Works

According to RetireCo website, the company pays the highest commissions in the industry across more products and carriers than any other firm. Agents earn the full maximum available percentage of street level or comparable agent commission for life and health as well as property and casualty product lines.

Agents are offered two commission tiers—standard or street level and elite—based on their experience, earned premium, and production over the previous year. These commission tiers are equal to a percentage of the total gross agent commissions earned for any particular product.

Commission levels increase with production. Agents can easily move up in commission tiers by selling more. L&H commissions are paid on a weekly basis, while P&C commissions are paid typically 30-45 days after the effective date of the policy.

In addition, RetireCo agents have access to weekly webinars and conference calls where they can learn more about popular topics, newest trends in the industry, and get answers to any questions they might have through a Q&A system.

Is It A Scam, MLM, Pyramid Scheme?


RetireCo is not a scam. It is a reputable company with positive employee reviews and strong financial ratings. It has a superior A+ rating from BBB.

This is not a multi-level marketing (MLM) business opportunity or pyramid scheme. The company doesn’t have multiple layers of agents, mentors, and trainers and is not suitable for agents who are primarily looking to recruit.


Thanks so much for reading my article on how an insurance sales career works with RetireCo Insurance. I hope you enjoyed this article and now understand a little more about whether this insurance sales opportunity is the right one for you.

If you’d like to find out more about how my agency—Duford Insurance Group—has helped new and experienced agents become top producers in both final expense and Medicare, there’s more information on my FAQ page.

Plus, I highly recommend that you check out my Free Insurance Agent Resource Guide specifically for new and aspiring agents. You’ll find more information about how this business really works and answers to questions that you may not have even known you had.

As always, thanks for reading!

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