Ep#76: Optimizing Finances for our Kids' Education - RESPs & beyond - with Dr. Matt Poyner Artwork

beyond MD with Dr. Yatin Chadha

beyond MD bridges the gap between medical training and financial literacy.

Led by mid-career Canadian radiologist, Yatin Chadha, beyond MD empowers practicing physicians, medical trainees, and other professionals to build confidence and clarity around money.

Episodes feature interviews with subject experts to help listeners gain knowledge around topics like professional corporations, investing, insurance, pensions, real estate, trusts, and estate planning.

Yatin also frequently interviews his own colleagues to shed light on valuable life and money lessons learned over time.

Tune in to beyond MD (episodes are bi-weekly) to build your financial acumen and live your best life today.

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beyond MD with Dr. Yatin Chadha

Ep#76: Optimizing Finances for our Kids' Education - RESPs & beyond - with Dr. Matt Poyner

September 12, 2024 • Season 1 • Episode 76

0:00 | 1:05:07

Today I host my friend & colleague, Dr. Matt Poyner. Matt breaks down the Registered Education Savings Plan (RESP) & other ways to optimize finances when it comes to our kids' education.

Matt is a long time blogger at dividendstrategy.ca, physician, & is now passionate about offering flat fee financial planning.

Discussion Points:
- Matt's journey & foray into financial planning (2:34)
- Basic RESP overview (14:15)
- RESP set up - family vs specified (21:05)
- Optimal RESP contribution strategy (23:09)
- Investing approach inside an RESP (31:32)
- RESP withdrawals & understanding the RESP buckets (37:26)
- RESP options if your child doesn't go to school (44:00)
- Thoughts on optimizing student financial aid (48:44)
- Spending time with the kids - Matt's perspectives (57:50)

Matt:

Yatin:

Email: beyondmdpodcast@gmail.com
LinkedIn: Yatin Chadha

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