The Step-By-Step Guide To Your 401k Plan (Udemy.com)

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

Created by: Austin Abell

Produced in 2017

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What you will 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

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Quality Score

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Overall Score : 88 / 100

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Course 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 thebest financial decisionsyou'll ever make.

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

You willlearn 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 theHigh-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 buildinga course to help themwiththeir 401k plans (regardless of where they work).

Typical 401k Education

Boring powerpoint presentationComplicated language and graphs100 page booklet that makes you want to cryInformation that leaves you with more questions than answers

This Step-By-StepCourse

Uses short whiteboard animation videosSimplifies the entire 401kprocessIs taught using simple terms (without the crazy graphs)Answers the most important questionsWalks you step by step throughenrollingHelps you make sure you are on track to retireGives you a calculator to make sure you're not missing out on any free moneyAddresses misconceptions about investingGives you the foundations you need for successful investingWe'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 401kUnlimited use of our matching calculatorto see how much free money you're missing out on from your employer (and how to get that free money)Access to ourInvestor Questionnaire to helpyou see what type of investor you are, and some guidance on how tochoose investments

AND REMEMBER weoffer 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? Youve 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'sIf you are in your 40's or 50's without a clear plan towards retirementIf you're not sure how you chose the investments in your 401kIf you get really nervous everytime the stock market takes a hitIf you're looking to increase your financial literacyThis course is not for the investing guru who is already on track to have over a million dollars in their 401k

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Instructor Details

Austin Abell

-Creator and Co-Founder of 401kbuddy
-10,000's of conversations with millionaires which helped refine myability to simplify complicated investment concepts
-Co-built technology education sites that have attracted +5 Millionusers and +23Millionpage views
-Millennialwho knows how to engage and educate other Millennials
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Hi guys!
My name isAustin Abell andI amtheCreator andCo-founderof401kbuddy,a web-based 401k education program thatuseswhite-board animation videostowalk employees through the process of enrolling intheir401k.
A little background...I worked at one of the largest financial services companies in the world in their high-net worth department,and assisted theinvestors who hadmore than $1 Millionin assets.I hadover10,000 conversations with investorsand was able torefinemyability to take complicated financial topics and communicate them in a way that others could understand. It was extremely rewarding toseemany investors' eyes open for the first timeto a new and better way of investing and thinking about their wealth.
Prior to this, in 2011, my brother Luke and I Co-founded a web development company.We also developed ourowneducation sites that taught users how to accomplishtasks associated with technology.Oureducation siteshave attractedover 5 million users and 23 million page views. We learned from the success of these sites

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Reviews

4.4

77 total reviews

5 star 4 star 3 star 2 star 1 star
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By Gino Biondi Gala North America Inc. on 12/20/2020

Simple to understand & engaging. Thanks!

By Xiqiang Hong on 11/7/2020

Good class!

By Dorothy Connors on 10/7/2020

Easy to understand and basic. Good for younger investors getting started with a 401K. Based on the lessons learned from the year 2020, I don't think some of the recommended investment percentage allocations are smart. It also doesn't explain expense ratios and what to watch out for with mutual funds or how to choose them. Overall a good course though.

By Patricia Martinez on 10/5/2020

Really informative

By Evelyn Rivas on 10/1/2020

Excellent course. Lectures were easy to understand for someone who knows nothing about investments. Loved it!

By Amaranta Quintero on 9/20/2020

Short videos are good so it doesnt get boring! Super helpful and breaks down complex topics.

By Sally Himes on 9/14/2020

Good match

By Christine Wambui on 9/1/2020

So far it has been very informative

By Murugappan Aroonachalam on 8/13/2020

There is good scope for improvement. Course only covers the basics. My company for the most part only offers Build Your Own option. I was hoping to learn, what to look for in an investment before choosing it. That was not covered here. Most tools mentioned in the course are simple and obvious math calculations. I wish there was something like the mortgage calculators.

By Annette Zepeda on 7/25/2020

Every employee should take this course...very clear and informative.

By Irene Gonzalez on 7/24/2020

it is important to contribute into the 401k plan am not smart on this but i am at 6% and never realized why it is good to up it if you can.

By Mario Gonzalez on 7/15/2020

very informative, enjoyed it very much.