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Ep#76: Optimizing Finances for our Kids' Education - RESPs & beyond - with Dr. Matt Poyner
Manage episode 439576348 series 2786045
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:
- matt@PoynerFinancial.ca
- https://PoynerFinancial.ca
- https://dividendstrategy.ca/blog-2/
Yatin:
- Email: beyondmdpodcast@gmail.com
- LinkedIn: Yatin Chadha
Episode Links:
- https://dividendstrategy.ca/blog-2/
- https://postcall.ca/subscribe?ref=YJc1MtZLsq&_bhlid=f71f181c85b22d7c236a5b072534f69e25f99241
- https://rhombus-butterfly-rwgm.squarespace.com/updatesininpatientmedicine
- https://www.looniedoctor.ca/2023/04/21/resp-contribution/
- https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4092/registered-education-savings-plans-resps.html
80 bölüm
Manage episode 439576348 series 2786045
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:
- matt@PoynerFinancial.ca
- https://PoynerFinancial.ca
- https://dividendstrategy.ca/blog-2/
Yatin:
- Email: beyondmdpodcast@gmail.com
- LinkedIn: Yatin Chadha
Episode Links:
- https://dividendstrategy.ca/blog-2/
- https://postcall.ca/subscribe?ref=YJc1MtZLsq&_bhlid=f71f181c85b22d7c236a5b072534f69e25f99241
- https://rhombus-butterfly-rwgm.squarespace.com/updatesininpatientmedicine
- https://www.looniedoctor.ca/2023/04/21/resp-contribution/
- https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4092/registered-education-savings-plans-resps.html
80 bölüm
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