If you'd rather place an order by talking to one of our cheerful order desk clerks, please call 1-888-232-4444 (USA and Canada only) or 250-383-6864. From Europe, ring our UK order desk clerk at local rate number 0845 230 9601 (UK only) or 44 (0)1865 722 113.

A Lesson Plan in Retirement: The Complete Guide to Retirement for Teachers, Professors, and State Retirement Participants

by James H. Bishopp

118 pages; quality trade paperback (softcover); catalogue #05-0224; ISBN 1-4120-5329-3; US$14.95, C$17.19, EUR12.28, £8.60

A Lesson Plan in Retirement was written to give teachers, and all those participating in their state's retirement plan, a solid and easy to read manual for understanding and planning for their own retirement.

About the Book

A Lesson Plan in Retirement was written to give teachers, and all those participating in their states retirement plan, a solid and easy to read manual for understanding and planning for their own retirement.

We discuss the four most common retirement accounts used by teachers today. They include the 403(b) of TSA, the 457 Deferred Compensation account, the Traditional IRA and the Roth IRA. We discuss the benefits, advantages and limitations of each of these types of accounts. We also discuss State Retirement systems and Social Security giving you a solid understanding of each potential source of retirement income.

A Lesson Plan in Retirement discusses some basics on investing including some useful strategies and concepts. These include Dollar Cost Averaging and asset allocation Time Value of Money and others. Don't be fooled though, this is not another book on investing, it is very specific in covering the issues facing teachers today.

Finally we give you a format to put it all together. If you are a do it yourself type you can create a basic retirement plan on your own. If you prefer to delegate the work to a financial planner the putting it all together will create a wonderful starting point for your relationship with your advisor. The book provides helpful tips on creating a retirement budget then compares that to your anticipated sourcs of income. Finally, you can determine just how much you will need to save to meet your retirement goals.

About the Author

A native of Arizona, Jim Bishopp was born in 1965 and raised by two school teachers. When he entered the investment business in 1986, he realized that people in the education industry, like his parents, were being left off ofthe financial planning information highway.

By 1989 he had built a foundation of knowledge and experience by his working with two firms. However, neither met with his objective of providing financial advice to educators. In November of 1989 Jim opened what would become SJI Financial Services, Inc, a Registered Investment Advosor. Establishing his own firm allowed Jim to specialize in providing investment advice to all kinds of teachers, including university and junior college professors, K-12 teachers, and the support employees of those same schools.

Today, Jim's practice, in Tucson, Arizona, serves over 500 clients. The majority of them are teachers who are investing more than $50,000,000. He employs three financial advisors and three support staff members to ensure all of his clients receive excellent customer care.

Jim shares his life with his wife Penny and their two beautiful daughters. Jim's family is very supportive of the business and they often help out in the office. Penny even puts up with Jim's obsessive behaviors, including the writing of this book when they were on vacation!

Excerpts