When I originally launched this site, I launched with a free course to help people invest their 401k rollover.
It was a 10-part course that went deep, so took about 2 months to complete. The feedback was great, though some wanted something simpler. They wrote: “just tell me what to do”. This group were willing to learn but wanted me to cut to the chase.
Now that I have finished my book, I wanted to take these early readers feedback to heart, and deliver a simpler tutorial on what to do with your 401K rollover when you switch jobs.
Here it is. A “cut to the chase” ebook that explains only the most basic concepts of rolling over a 401K and investing the resulting IRA using the Elephant’s Paycheck blueprint.
The basic concepts in the ebook are the ones that in my work with hundreds of students I’ve found are required to understand what I’m talking about, but usually aren’t understood before working with me.
If you’re rolling over a 401k you have the opportunity to move it to an IRA and invest however you like. In this ebook I share a way to invest your rollover so that your investments become like a side business. That business will pay you just like your job does, only without the part where you work for the paycheck! In fact, this reminds me of one of my favorite endorsements received for my book:
“David Bressler has a problem with the way most of us learn about personal finance: We don’t. He’s tackled this failure by drawing on innovative approaches to making financial planning both easy to understand and doable. He urges us, for instance, to think of investing as akin to launching a start-up, which makes the whole process way more fun—in case the idea of building wealth isn’t incentive enough!”
Tracking to a paycheck is fun, and also empowering. You know how to manage your life to a paycheck — using your 401K rollover to generate a paycheck helps you know that you can do the same in retirement. This awareness helps you understand how well you are progressing towards your retirement goals.
A paycheck is only part of the fun. Your 401K rollover portfolio can get a raise every single month too. How cool is that?
You really should check it out (fill out the form):
I hope you enjoy it, and as always feedback is welcome.