“Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money.”
— Jonathan Clements
Clements is the man behind the blog The Humble Dollar and author of personal finance books. What Clements speaks to on retirement is a slight glimpse into the life of a retiree. According to the latest figures, the average age among working Americans is 63 and the average retirement length is 18 years. Only 3% of the population aged 63 and older will continue working, while 63% will turn to relatives, friends or charity for financial assistance.
Retirement has become less bleak as more and more retirees are choosing to enroll in courses to learn new skills (rather than go out and get a job or start a business) in order to have fun, meet other retirees, or stay mentally alert.
Fortunately, one does not have to enroll in brick-and-mortar schools because of virtual schools like Udemy. Udemy was established in 2010 as an online educational marketplace. They solicit experts to create short learning video courses on specific topics, resulting in tens of thousands of videos and over six million students. Moreover, students can learn at their preferred pace and choose their own “curriculum.” This is an ideal learning environment for retirees, as they can choose to learn whatever catches their fancy.
Here is our list of the best retirement courses for retirees, soon-to-retire individuals and young adults who want to plan ahead. Each course has a corresponding discount coupon, which you can find at CouponCause.com.
The Truth About (In)secure Retirement by Ching Foo Lieu
This is a 4.5-hour video lesson with supplemental sources and articles. You will need to have Microsoft Excel 2007 (or newer versions) and an open mind towards new and innovative methods of handling finances for retirement.
Ching Foo Lieu has been a retirement finance consultant since 2002, but his approach is more than about handling money. It also covers finding serenity in retirement.
This course will train you on how to use the Retirement Calculator and unconventional methods with the Scenario Modeling Analysis technique. It will show you how to foresee risks, find balance in a life after retirement, and go for meaningful pursuits. More importantly, it tries to de-stress you about retirement and financial stability. With the information you get from this course, you will not be advised to take high-risk investments, live anywhere you want, require a financial expert for the next ten years, or require leverage to be financially secure and happy. However, it also does not contain a secret formula to becoming rich and happy but it is more about managing what you have and how to enhance it for a comfortable life.
A Guide to Take the Weirdness Out of Retirement by Dr. Patrice Jenkins
Dr. Patrice Jenkins is an author, retirement consultant and inspirational speaker to career professionals and those planning their retirement. She has a doctorate degree in Industrial and Organizational Psychology, specializing in the social-psychological aspect of retirement.
This 2.5-hour course includes lifetime access and aims to give you a deeper understanding of retirement, including when to retire and how to enjoy and make the best out of your retirement. There are no prerequisites to take this course other than a desire to know.
Those who feel apprehensive about retirement should consider this course to avoid losing direction or feeling lost and “un-normal.” There is a fantastic $20 coupon code available for this course. The videos are well-organized, relate to individuals from all stages of life (especially Baby Boomers), and are done in a free-flowing, audience-friendly style.
The Only Investment Strategy You Need for Your Retirement by Winston Wee
This short 1-hour video with lifetime access is a master lesson on how to enjoy a single stock investment that generates double digit ROI annually. Yes, it is a lesson on trading and financials, and it would help if you have some amount of knowledge on trading and investing. Furthermore, the course is recommended for anyone who has at least 10 years or more to retirement as the strategy he offers will take some time for the investment to earn a considerable amount.
Winston Wee has been in the business of online trading since 2004. He can show you how to earn from trading, avoid risks, and enjoy financial freedom through Exchange Traded Fund (ETF) investments.
E.A.S.E. into Retirement Investing by Devin Czech
This is a beginner’s guide to retirement investment. It is a 3-hour course with lifetime access. Those best suited to taking this course have a steady income and look at retiring one day soon, with minimal or controlled debt management, while living on a budget. In short, it will help you enjoy your retirement years with regular passive income that will allow you to indulge in activities and hobbies without having to worry about draining your finances.
This course is ideal for individuals still working, and willing to start a retirement nest egg. According to Devin, the financial expert, his strategy works and he personally was able to pay his $40,000 debt and make another $40,000 for fresh investments.
Optimizing your 401k with Google Sheets and Google Finance by Ray Harkins
This short 1.5-hour course on how to manage your 401(k) retirement plan gives all you need for more financial control. The assumption is that you have an existing retirement fund and/or investment.
You do not need to know how to use Google Sheets, as the course will give you a tutorial, but you will need to have access to them. All the basics on investment analysis are included in this course and everything is explained simply.
Harkin is a professional with more than 25 years experience in engineering, business analysis and quality management.
There you have it – the 5 best retirement courses on Udemy. Best of all, these classes can be bought with a discount coupon, making it a wise financial and personal investment for your retirement years.