Wealth Ed: Money Management for Ontario Teachers, Second Edition is a financial planning and resource guide written specifically for Ontario teachers in plain language. In addition to examining such broader financial planning issues, cash management, insurance coverage, investment and tax strategies, retirement, and estate planning, this book addresses some key financial issues unique to Ontario teachers.

Noteworthy features include:

• Explains how the Ontario Teachers' Pension Plan (OTPP) works
• Prepares teachers for an '85 Factor' retirement
• Explores reduced pensions, the pros, and cons of taking Canada Pension Plan (CPP) early, and why over 90% of teachers elect to receive CPP early
• Helps teachers to understand the rules around credit buy backs and of taking the commuted value of their pension
• Explains the integration of different pension plans (e.g., OTPP, CPP, OAS)
• Demonstrates the need for teachers to supplement their retirement income and how to prepare for retirement
• Understand survivor pension benefits and alternative strategies for surviving spouses
• Strategies for minimizing the tax implications of receiving a retirement gratuity
• Provides guidelines for planning 'X over Y' leaves and sabbaticals
• Provides a guide to other financial resources available to Ontario teachers

This resource is thoughtfully segregated as three modules — the first module introduces the topics, the second offers theoretical strategies, practical strategies, and risks, and the third one follows a futuristic approach by providing tips on how to grow a discipline, and more.

Module topics include:

• Money management
• Investing
• Taxes
• Insurance
• Retirement planning
• Estate planning
• The ten principles of Wealth Ed