Learn More About These Free Courses to Further Your Education
The more you are able to educate yourself about your financial situation, the more at ease you will be as you make the journey towards retirement.
The seven online resources that are detailed in the following paragraphs, while not an exhaustive list, offer instructional materials and classes that will make you better about money.
Key Takeaways
You can now take online investment classes from Vanguard that are made for your current stage of life.
The lectures at Morningstar's investment school are very helpful and relevant to the field of investing.
The National Association of Personal Financial Advisors (NAPFA) puts on a series of free webinars every month on topics like online investing, taxes, and financial planning.
1. The Transparent Conversation with Vanguard About Retirement
Vanguard provides online investment and retirement courses that enable you to go through a variety of themes and issues that are most pertinent to your stage of life by clicking on the links provided. For example, the following topics are discussed in the investment class:
I have already started saving, or I will soon begin saving: The information that can be discovered on this page can assist you in determining how much money you should put away and where you should put it.
This link contains materials on anything from planning your portfolio to calculating how much you will be able to withdraw from your retirement savings in retirement. I am getting ready to retire.
I am retired: This link will take you to some resources that will teach you how to analyze different withdrawal tactics that will allow your money to survive for a longer period of time.
The online courses also come with tools, such as calculators and quizzes, that can assist you in finding solutions to certain problems. They will assist you in determining the appropriate decisions to make regarding distributions from your IRA, stock purchases for your firm, and other matters.
2. CNN Money's The Complete Guide to Retiring Rich and Happy
CNN Money presents a free online course that can provide you with a general overview of the items you should think about as you got closer and closer to retirement.
The material for the course is presented in the form of a series of essays, and the topics that are discussed include (but are not limited to) how much money to save and invest, employer-sponsored plans, the impact of switching employment, and withdrawals.
It provides excellent information for those just starting out, but it does not get into the nuances in the way that the Vanguard course does.
3. Morningstar's Investment Classroom (in Morningstar's own words)
The investment school at Morningstar offers instructive lectures that are particularly relevant to the field of investing. The instructional materials are organized into the following classes:
- Stocks
- Funds
- Portfolio
- Bonds
The courses begin with the fundamentals before getting further into the specifics. They also include portions that discuss what is important and what is not important. People whose investments are the main way they make money when they retire should definitely think about taking these classes.
4. Webinars hosted by NAPFA,
NAPFA is an association of advisors who work solely on the basis of fees paid by their clients. NAPFA is an abbreviation for the National Association of Personal Financial Advisors. This organization does not accept members who engage in the sale of goods or the collection of commissions of any kind.
The National Association of Personal Financial Advisors (NAPFA) holds a series of free monthly webinars that are open to the public and cover topics such as online investing, tax preparation, and financial planning.
In a typical situation, you would have to pay anywhere from $100 to $300 an hour for an expert's time. However, each webinar focuses on a unique subject matter and is led by an expert in that particular subject field.
5. Dana Anspach has uploaded videos to YouTube
Dana Anspach, Founder and Chief Executive Officer of Sensible Money, LLC, served as The "MoneyOver55" expert for close to nine years. She specializes in providing individuals in their 50s and 60s with financial planning services.
She also routinely discusses critical issues related to retirement income planning as well as investment fundamentals in the free online seminars that she records and puts on YouTube. The topic of "How to Invest for Retirement" is covered in one of her most well-attended seminars.
6. The Motley Fool's Investing 101 is the resource
Investing 101 by The Motley Fool is more like a series of articles that cover the basics of investing and give a full introduction to the topic.
7. 2Young2Retire.com's Website
2Young2Retire is an organization that is made up of qualified facilitators and associates that adhere to the belief that every one of us has a lot to contribute beyond the scope of our original jobs.
Participants can take a class on the website of the organization that will assist them in figuring out what aspects of their lives are most important to them and how their previous experiences and abilities can be put to good use.
Consider listening to podcasts about investing to learn more and get more advice about investments.
