The Step-By-Step Guide To Your 401k Plan

Name: The Step-By-Step Guide To Your 401k Plan
Rating: 4.2 (1105 reviews)

How Much To Save, Which Investments To Choose, and a Simple Plan To Reach Retirement Using Your 401(k) Plan

Created byAustin Abell, Glass Jacobson Financial Group, Jonathan Dinkins CPA/PFS

Last updated 1/2017

English

What you'll learn

Have confidence about enrolling in your 401k
Receive all the "free money" provided by your employer
Avoid common mistakes made by employees
Have confidence your 401k is set up to suit your needs
Come up with a simple plan to reach your retirement goal
Decide between Roth or Traditional 401k contributions
Choose appropriate investments in your 401k

Course content

4 sections • 19 lectures • 1h 16m total length

Introduction4:37
You'll learn a little bit more about your instructors, Austin Abell and Glass Jacobson Financial Group. I will also give you a quick overview of the 4 sections in this course.
Why You Should Enroll In Your 401k3:02
What is a 401k and why should you enroll? I'll break it down for you in this white-board animation video.
401k Benefits4:26
If you weren't convinced by the last video to enroll in your companies 401k plan, I'll give you 7 more reasons... including free money, convenience, and tax-savings.
"Free Money" Calculator7:17
Check out our calculator that shows you how much free money you're missing out on in your 401k: udemy.401kbuddy.com/free-money
Investing 1015:04
Does investing feel complicated, scary, and really risky? We'll break down these misconceptions for you and explain why you can feel comfortable about the investments in your 401k.
What type of investor are you? Find out!4:35
The questionnaire shown in this video will help match you with an investor type and potential asset allocation. Find the questionnaire at: udemy.401kbuddy.com/investor-questionnaire

Stocks, Bonds, and Mutual Funds3:30
Understanding the different types of investments doesn't need to be complicated! Think of stocks as being a part owner of a company, bonds turn you into a little bank, and mutual funds as burritos.
Be Diversified3:11
Would you get on an elevator that was only being held up by one cable? I hope you wouldn't! The same principle applies to investing.
The Power of the Market2:53
Research shows that the power of the market is incredibly powerful when it comes to choosing your investments. But what is the market, and why should you trust it? Find out in this video.
Set Your Asset Allocation4:04
Think of your asset allocation like the speed dial on an elevator. Increasing the amount of stocks in your portfolio is like increasing the speed of your elevator... you might get there faster but you can expect a little motion sickness!
The Proven Strategy5:18
Learn how to turn $1,000 into $100,000! It's a proven strategy you won't want to miss.
Stick To The Plan4:30
The key to reaching your retirement goal is coming up with a plan, and sticking to it... no matter what! This video will give you a recap of what you've learned so far, and will explain how to avoid letting your head get in the way when it comes to investing.

Choosing Your Investments1:38
Now it's time to work on your investments in your 401k. This video will give you a quick overview of section 3.
Target-Date Funds2:27
Target date funds are the most simple option, as they get safer over-time and are chosen based on your retirement age.
Model Portfolios (If Available In Your 401k)4:54
Model portfolios (or Asset Allocation Models) or sometimes offered by employers. This video talks about some of the benefits of a model and how to decide which option is best for you.
Building Your Own Portfolio3:18
Experts only! Building your own portfolio can be tricky, but rewarding for those experienced investors who want more control over the investments in their 401k. We'll give those investors a starting point on how they might build out their portfolio.
Roth or Traditional 401k?2:18

Requirements

Know how much your employer contributes to your 401k
Have access to your online 401k account (optional)

Description

This course will help you come up with a simple plan to reach retirement using your 401k plan.

Should you enroll?
How much should you save?
Which investments should you choose?
Pre-tax or Roth?
How do you get all the free money offered to you by your employer?

Getting these answers wrong could cost you 100,000's of dollars!

Enrolling in this course could be one of the best financial decisions you'll ever make.

We will walk you through the whole process of enrolling and maximizing your 401k using easy to understand white-board animation videos.

You will learn why you should care about your 401k, how much to save, which investments to choose, and how to get all the free money your employer is offering you.

What makes me qualified to teach you?

Before working at Glass Jacobson Financial Group, I assisted over 10,000 Millionaires with their investments while working in the High-Net Worth Department at one of the worlds largest financial services companies. Through those conversations with investors I refined my ability to simplify complicated investment topics into easy to understand steps.

Prior to that, I co-built a series of technology focused education sites that have generated over 5 Million users and 25 million page views.

Combining my background in web based education with my passion for investment education, I developed (along side a team at Glass Jacobson), a video based 401k education tool called 401kbuddy.

At Glass Jacobson Financial Group we use 401kbuddy with individual companies, but we also wanted to reach the students on Udemy by building a course to help them with their 401k plans (regardless of where they work).

Typical 401k Education

Boring powerpoint presentation
Complicated language and graphs
100 page booklet that makes you want to cry
Information that leaves you with more questions than answers

This Step-By-Step Course

Uses short whiteboard animation videos
Simplifies the entire 401k process
Is taught using simple terms (without the crazy graphs)
Answers the most important questions
Walks you step by step through enrolling
Helps you make sure you are on track to retire
Gives you a calculator to make sure you're not missing out on any free money
Addresses misconceptions about investing
Gives you the foundations you need for successful investing
We'll even help you find suitable investments!

PLUS!!! Bonus material to help you even further

Free access to a custom built 401kbuddy for Udemy site that walks you through choosing investments in your 401k
Unlimited use of our matching calculator to see how much free money you're missing out on from your employer (and how to get that free money)
Access to our Investor Questionnaire to help you see what type of investor you are, and some guidance on how to choose investments

AND REMEMBER… we offer a full money back guarantee, just as long as you request it within 30 days of purchasing the course.

Go ahead, click the "Take This Course" button. Why not? You’ve got nothing to lose (and potentially $100,000's of dollars to gain).

Who this course is for:

If your employer provides 401k plans to their employees (required*)
If you are in your 20's or 30's
If you are in your 40's or 50's without a clear plan towards retirement
If you're not sure how you chose the investments in your 401k
If you get really nervous everytime the stock market takes a hit
If you're looking to increase your financial literacy
This course is not for the investing guru who is already on track to have over a million dollars in their 401k

The Step-By-Step Guide To Your 401k Plan

What you'll learn

Explore related topics

Course content

Section 1: 401k Intro6 lectures • 29min

Section 2: Investing Essentials6 lectures • 23min

Section 3: Choosing Investments5 lectures • 15min

Section 4: Enrolling In Your Plan/Making Changes2 lectures • 9min

Requirements

Description

Who this course is for: