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

beyond MD with Dr. Yatin Chadha

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:

• [e-mail]
• https://PoynerFinancial.ca
• https://dividendstrategy.ca/blog-2/

Yatin:

• Email: [e-mail]
• 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