Now that you understand how massively rich a 401k can help you get, I’m going to walk you through actually taking the necessary actions to do it.
The next few lessons are devoted to getting you setup and enrolled in your employer 401k plan, as well as teaching you about the different ways you can fund it. After that, we’ll get you set up to make millions.
Getting Started With Your Employer 401k – The right questions to ask, who to get in touch with, understanding financial language, etc.
Initial 401k Setup – Percentage of income to invest. Math over time. Mindset adjustments. Getting your free money.
Choosing Your Funds – Choose the funds you want to invest in based on your risk tolerance.
Resources:
Action Steps:
- Contact Your HR Department to ask about getting enrolled in your 401k. Use the script here if you need to and haven’t already
- Enroll in your 401k with the default benefits for now. We’ll get you set up for millions in the next few lessons (DO NOT move on until you’ve finished this action).