Renewing a mortgage is more than just re-signing with your existing lender. Today I sit down with Elan Weintraub to discuss everything related to mortgages and renewals. Treat it like a financial checkpoint that aligns with your career, family plans, and cash flow, not just a headline rate. 

We dig into the real levers you control, and uncover key questions you should ask:

Why is a 30 year amortization often a good idea?

Considerations for paying down the mortgage faster

Why every 4% rate isn't the same (interest can compound too)

What do I need to know about adjustable vs variable rate mortgages?

What are the range of prepayment options?

Are tax strategies real or overhyped?

What are the pros and cons of mortgage laddering?

If you’ve got a renewal coming up or want to future-proof your financing, this is a concise masterclass on what actually moves the needle. 

If this helped you, subscribe, leave a review, and share it with a colleague who’s staring at a renewal letter right now.

Arya EHR: https://www.aryaehr.com/

Elan Weintraub:

https://www.linkedin.com/in/elan-weintraub-9683702/

https://mortgageoutlet.ca/

Yatin:

LinkedIn: https://www.linkedin.com/in/yatin-chadha/

Radiology Courses for Clinicians:

https://beyondradiology.thinkific.com/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

American express referral link (for all Amex cards):

https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

There are 2 questions I have become truly fascinated with and aim to answer in this episode:

- why do some people truly enjoy their work, while others don't?

- how do we go about finding more joy at work?

I've spent a lot of time reading around this topic and picking the brains of my fellow colleagues. Today I share what I've learned and the things I'm working on.

There are likely several nuggets you can take away and incorporate into your work.

Contents:

- Introduction (0:19)

- What 4 mid-career doctors told me when I asked them how they stay interested & motivated for work (2:15)

- Action 1: Social connection (3:52)

- Action 2: Emphasize process over finish line (6:39)

- Action 3: Introduce playfulness (13:25)

- Action 4: Gain back some control (15:08)

- Action 5: Never stop growing (18:36)

Links:

LinkedIn: https://www.linkedin.com/in/yatin-chadha/

Radiology Courses for Clinicians:

https://beyondradiology.thinkific.com/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

American express referral link (for all Amex cards):

https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Today I'm thrilled to welcome Dr. Benjamin Hutten-Czapski, founder of Rewards MD to discuss a topic that can benefit each and every one of us...

...traveling the world by paying less through optimizing credit card rewards.

You will want to listen to the end. Key links are at the bottom.

Discussion Points:

- introduction (2:18)

- Rewards MD & how it's different (5:44)

- what makes a good keeper credit card? (7:55)

- a summary of the various ecosystems (10:18)

- Amex platinum: worth it? (13:48)

- A framework for accumulating points (16:53)

- sign up bonuses (23:12)

- cards for sustainable point earning in Canada (27:27)

- Visa infinite vs. privilege - key considerations (30:50)

- aeroplan e-store optimization (33:38)

- Aeorplan status - why is this significant? (37:55)

- Paying taxes with credit cards (40:20)

- Amex business gold benefits (44:16)

- Risks of audits? (46:25)

- Chexy - pay taxes, rent, utilities (48:41)

- How to handle lump sum expenses (51:00)

- Approach to redeeming points (53:06)

- Building the ideal credit card wallet (57:45)

- Closing thoughts (59:50)

Dr. Benjamin Hutten-Czapski:

•  www.rewardsmd.ca
•  consultations 
•  PointsYeah
• http://chexy.co/rewardsmd
• smallbusiness@chexy.co 

Dr. Yatin Chadha

• beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha
• Amex referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Yatin Chadha hosts Elan Weintraub, co-founder and director of the Mortgage Outlet, one of the largest private mortgage brokerages in Canada and recipient of numerous industry awards. Elan is known for his no-nonsense straight talk and discusses the following: advantages offered by brokerages, forces influencing mortgage rates, current rate environment and when changes may happen, factors to consider when deciding on variable vs fixed mortgages, what to expect when converting a variable rate to fixed, HELOCs (home equity line of credit), updates in the mortgage world, and considerations to keep in mind when deciding whether to break a mortgage and lock in a new rate.

Dr. Yatin Chadha interviews Jamie Golombek, managing director of tax and estate planning from CIBC. Jamie Golombek is a very well respected voice on personal and corporate tax matters for professionals. Topics covered: corporate vs RRSP investing, how to structure corporate investments for tax efficient returns, tax treatment of various types of corporate investment income (including foreign income), ways to work around the new passive income rules for corporate investment income, and more. Have you had the following questions: where should I be holding foreign dividend earning stocks and should I be paying out Canadian dividends from my corporation? Also more on the prescribed rate loan. Direct any inquiries to beyondmdpodcast@gmail.com

Yatin Chadha hosts Joe Fazio and Kristen Fazio from Professionals' Insurance Centre to discuss disability and life insurance policies (including whole life insurance). Joe Fazio has been in the insurance industry since 1981 and has developed a thorough understanding of the financial needs for physicians, which is his primary area of focus. Kristen Fazio has dedicated her career to educating young medical professionals and focuses on providing customized recommendations to her clients beginning in medical school all the way through to retirement. Please note, the content in this episode is very relevant to all professionals, including non-physicians. The discussion includes understanding important riders in disability insurance policies, understanding the factors at play when deciding how much term life insurance to purchase, and better understanding the components of whole life insurance (including universal life insurance) and when these products are useful. Please send any questions or topics of interest to beyondmdpodcast@gmail.com.

Yatin Chadha interviews Ali Spinner, accountant from Crowe Soberman specializing in tax matters. Topics include when to incorporate, salaries vs dividends, passive income, structuring corporate investments, RRSPs vs corporate investments, and pearls including ways to use corporate funds in a relatively tax friendly manner.

Medical professionals typically begin earning later than their peers and are usually not adequately exposed to financial topics during training. Beyond MD is led by Dr. Yatin Chadha and guided by expert analysis. Each episode, Yatin interviews accountants, lawyers, brokers and advisors to heighten awareness on important topics like professional corporations, holding companies, estate planning, insurance policies, and investing. It's time to take your financial knowledge base to the next level so you can get ahead outside of the workplace. Please send questions and topics of interest to Beyondmdpodcast@gmail.com.

Welcome back to a second episode on the Canada Pension Plan (CPP).

My guest is Jason Yee, a true CPP ninja. Jason guides us through CPP and its 2019 & 2024 enhancements to outline the key features of the plan & helps us understand what we will get from it in the future.

Discussion Points:

Jason's background (2:43)

CPP basics (5:05)

Key features of CPP (6:27)

Why is CPP so polarising? (9:26)

What determines what we will get out of CPP? (11:32)

CPP enhancements: why & how do they help us? (13:21)

What about years of lumpy/low income? (17:32)

Considerations for when to start CPP (21:36)

CPP payout scenarios (23:16)

Take home points for the busy professional (26:16)

Closing thoughts (28:05)

Jason Yee:

Contact:  greetings@finepointsolutions.ca

Company website:  https://finepointsolutions.ca/

All our CPP ideas & resources:  https://finepointsolutions.ca/ideas-resources/

LinkedIn:  https://www.linkedin.com/in/yee/

YouTube channel:  https://www.youtube.com/channel/UCwuA3EIkAUT1xIPy3lqJwPg

Yatin Chadha:

Email: beyondmdpodcast@gmail.com 

LinkedIn: Yatin Chadha

How to support beyond MD:

• connect with me on LinkedIn: Yatin Chadha
• credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&CPID=100373056

Today I welcome Promod Sharma & Jeevan Sharma to the show to discuss the immediate financing arrangement (IFA).

Promod (actuary) & Jeevan (CFP) specialize in helping high-net-worth individuals & tackling their unique situations beyond basic insurance coverage. 

Discussion Points:

What is an IFA? (2:17)

Whole life (WL) vs Universal life (UL) - which is more suitable for an IFA? (3:41)

What is the cash surrender value (CSW)? (7:35)

How can policies be structured to allow for IFAs...Important (9:30)

Who could benefit from an IFA? (16:55)

IFA mechanism: 

- policy as collateral (23:23)

- how large can the loan be? (24:42)

- lenders (26:32)

- personal vs corporate loans (27:57)

- loan rates (30:58)

- guarantee fees (31:35)

Does IFA impact policy growth? (33:34)

Using policy as collateral vs directly borrowing from the policy (34:20)

How are IFAs tax efficient? (36:34)

Loophole? (42:34)

Fees (44:55)

Ways to pay off the loan (45:44)

Permanent life & IFA checklist - Important (46:25)

When not to pursue an IFA (50:56)

IFA risks (53:09)

--------------------------------------------------------------------------------------------------------------

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast

Promod Sharma & Jeevan Sharma:

https://taxevity.com/

ps@taxevity.com

js@taxevity.com

https://www.linkedin.com/in/promod/

https://www.linkedin.com/in/jeevanksharma/

Yatin Chadha:

Email: beyondmdpodcast@gmail.com 

LinkedIn: Yatin Chadha

Sometimes the answers are right in front of us. My guest today is Dr. Hasan Merali, MD MPH, author of Sleep Well, Take Risks, & Squish the Peas.

We both believe kids hold the secret to a happier & richer life. Today, Hasan provides stories & evidence from the science of toddlers to back this up. He also discusses how we can incorporate certain practices into our day-to-day routines.

Discussion Points:

Hasan's introduction (2:40)

Benefits of training in different places (4:10)

How Hasan became fascinated with the science of toddlers (5:45)

The difference between a toddler & adult brain (7:50)

Toddler lesson #1: bedtime routines (9:35)

Toddler lesson #2: giving (13:05)

Toddler lesson #3: laughter (16:30)

Toddler lesson #4: positive self talk (22:34)

Toddler lesson #5: play (25:10)

Hasan's book & the book writing process (26:35)

Hasan's TEDx talk experience (35:30)

How Hasan finds more purpose in his work (38:18)

Goal setting & 5 year plans (42:30)

Hasan Merali:

Book: https://hasanmerali.com/book/   

Website: https://hasanmerali.com/

TEDx Talk. The best life lessons from toddlers: https://www.youtube.com/watch?v=C6l97Bixokc

X: https://twitter.com/Hasan_Merali

LinkedIn: https://www.linkedin.com/in/hasan-merali/

Facebook: https://www.facebook.com/HasanMeraliMD/

Popular Science Article: For better sleep, borrow the bedtime routine of a toddler: https://www.popsci.com/diy/how-to-sleep-better/

TEDx talk by Angela Duckworth: https://www.youtube.com/watch?v=H14bBuluwB8

Yatin Chadha:

Email: beyondmdpodcast@gmail.com 

LinkedIn: Yatin Chadha

I've been investing for 7 years. When the markets get volatile & uncertainty arises, I find it informative & reassuring to sit down with another savvy mind.

Today, I'm thrilled to chat with Paul Healey about questions people have related to investing in today's markets.

This is jam packed with practical insights and valuable lessons Paul has learned since he started investing in 2007.

Discussion Points:

- What are the main questions today? (2:10)

- Strategy - investing regularly vs buying the dips (7:45)

- How can we manage our emotions? (10:05)

- Paul's experience in 2008 (13:00)

- Cash cushions and emergency funds (18:20)

- Lump sum vs. dollar cost averaging? (21:20)

- Multiple ETFs vs. all in one ETFs (23:12)

- Asset allocation over time (25:08)

- The power of time & compounding (25:55)

- Closing thoughts (30:12)

- Investing = time freedom in the future (32:50)

CMPA Council Vote: https://www.cmpa-acpm.ca/en/about/governance/council-elections

Email: beyondmdpodcast@gmail.com 

LinkedIn: Yatin Chadha

Money is certainly something, but it's not everything.

Today I review one of the best books I've read on reaching a rich & balanced life:

The 5 Types of Wealth by Sahil Bloom

Chapters:

- Time Wealth (5:35)

- Social Wealth (14:20)

- Mental wealth (21:40)

- Physical Wealth (28:40)

- Financial Wealth (30:25)

CMPA vote: https://www.cmpa-acpm.ca/en/about/governance/council-elections

https://www.the5typesofwealth.com/

https://www.sahilbloom.com/newsletter

Today's interview features best selling author, Robin Taub. Robin's book is The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life

Robin is CPA by training & started her career at KPMG, pivoted into real estate, & then entered the complex world of derivatives marketing at Citibank Canada. Today, she’s a keynote speaker & award-winning author. 

Robin lives in Toronto, where she and her husband have raised two (mostly) money-smart young adults. She loves to snowboard, cycle &go to concerts (she even got backstage once and met Bruce Springsteen).

This episode is full of tips & stories relevant to parents with children of all ages.

Discussion Points:

- Robin's background (3:23)

- how to answer early questions about money (8:10)

- are cash and piggy banks still a good idea? (11:22)

- how parents can teach their kids - anchoring on values (15:40)

- the marshmallow test, delayed gratification, & SMART goals (19:45)

- allowance systems (24:15)

- when to open a bank account for kids (27:35)

- teachable moments (28:35)

- budgeting - a good idea? (32:30)

- what can kids learn from getting a job? (37:25)

- social media & comparison/consumption/birthday parties (42:25)

- how to talk to kids about compound interest (51:10)

Robin Taub:

https://robintaub.com/

https://www.thewisestinvestment.com/

https://awordfromthewise.substack.com/

https://www.linkedin.com/in/robintaub/

Yatin:

• CMPA voting link: https://www.cmpa-acpm.ca/en/about/governance/council-elections
• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Today we revisit pensions with an exploration of the Healthcare of Ontario Pension Plan (HOOPP) for incorporated Ontario physicians.

My guest is Rachel Arbour, who is the Head of Plan Benefits, Design and Policy at HOOPP.  

Discussion points:

- HOOPP overview (2:28)

- What is a defined benefit pension? (4:13)

- How is the defined benefit calculated? (6:23)

- what to know about your best 5 years of earnings (9:35)

- Is there a ceiling to the defined benefit? (10:31)

- who is eligible to take part in HOOPP? (11:43)

- how are contributions calculated? (15:52)

- what about inflation adjustments? (23:13)

- fund investment returns (26:32)

- funded status (28:00)

- HOOPP's maturation over time (29:10)

- are special contributions possible with HOOPP? (31:47)

- pension administrative & investment costs (35:45)

- when can pension benefits begin? (38:15) 

- pulling out from HOOPP (39:38)

- what happens to contributions in years of fluctuating income? (41:40)

- income splitting, spousal benefit options (44:55)

- estate planning (47:09)

- disability benefits (50:07)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

HOOPP:

https://hoopp.com/join-hoopp/physicians-joining-hoopp

https://hoopp.com/news-and-insights/research-and-analysis/white-papers

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

I'm delighted to welcome back my friend and colleague, Dr. Michael Fralick, MD, PhD.

Mike is a creative spirit and has a knack for finding opportunities to positively impact others through his knowledge & expertise.

He is a clinician scientist, runs the Fralick lab (which covers the intersection of AI & patient care), and last year published his first book & launched his internal medicine review course.

I hope you enjoy this conversation which covers creativity, productivity & time management, and how to use our knowledge to drive impact & find meaning in medicine.

Discussion Points:

- Mike's book --> One Pagers for the Wards (1:40)

- Finding time for creative pursuits & balancing competing demands (7:05)

- Mike's motivation for writing the book (11:15)

- Mike's time management & productivity strategies (15:30)

- Strategies for navigating emails (23:00)

- Things to know if writing a book (27:35)

- Lessons learned from Mike's course - updates in inpatient medicine (31:10)

- Goals for 2025 (39:36)

- The most important lesson Mike has learned (42:48)

- Closing thoughts (43:50)

Medicine pods: https://medicinepods.com/

Michael Fralick:

• https://www.amazon.ca/One-Pagers-Wards-Michael-Figueroa-Fralick/dp/1068806605
• https://fralicklab.com/
• https://www.youtube.com/@Fralickmike
• https://www.linkedin.com/in/michael-fralick-203716231/

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

This is a big one - what happens when we receive a malpractice claim? Medicine is a challenging field with high stakes. We all know colleagues who have been in this situation.

I'm thrilled to welcome Dr. Todd Watkins, associate CEO of the CMPA (Canadian Medical Protective Association) for a 101 on what to do & what to expect if we get sued.

Discussion Points:

Dr. Watkins' intro (2:18)
What is the CMPA (3:05)
How would you hear about a case against you? (6:02)
What information is on a statement of claim (8:02)
Timelines for a valid malpractice claim (10:30)
Knowledge of events vs cause of action (12:30)
What should you do when you get a claim? (16:45)
How the CMPA offers support during this time (19:47)
Are the lawyers internal or external? (21:13)
Can one pick their own lawyer? (21:53)
Who covers all the legal fees? (22:38)
Occurrence based protection & alternatives (23:03)
The key elements of the pre-trial process (25:27)
Expert witnesses (27:11)
Mediation (29:53)
Key data points, what % of cases go to trial (31:39)
What happens behind the scenes at the CMPA (34:37)
Court set up (35:57)
Financial damages - who pays? (37:28)
Appeals (38:40)
Dues (39:32)
Residents/trainees - can they be implicated of malpractice (41:05)
Closing thoughts (43:00)

CMPA: 

https://www.cmpa-acpm.ca/en/home

1-800-267-6522

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Today I welcome my friend and savvy investor, Dr. Kieran Nair.

Kieran is a mid-career hospitalist in BC who recently returned from a year long sabbatical in the French Riviera with his family.

Today, Kieran opens up about challenges he faced in mid-career, what led to burnout, and what he learned from his year away. He also talks about what to consider when pursuing a sabbatical and financial decisions that made this all possible.

Discussion points:

- Kieran's intro (1:42)

- Mid-career challenges (3:00)

- Recognizing burnout (8:00)

- How do we ensure our commitments & values align? (10:22)

- How many missions can we realistically have? (14:42)

- Navigating unexpected health issues (16:08)

- With a young family, is there a better window to take on new things? (19:40)

- What led to the sabbatical in the French Riviera? (22:35)

- Learning the art of being present (24:30)

- Major lessons on time (29:40)

- Sabbatical highlights (31:30)

- Tips for others thinking of a sabbatical (33:14)

- Cost of living comparison (35:55)

- What good financial decisions made this all possible? (38:30)

- How Kieran became so fascinated with finance and investing (41:20)

- How individual investors & stock pickers can develop an edge (45:15)

- Kieran's favourite investing books (50:55)

- How did Kieran's financial plan work out? (53:02)

- How much money will we need to retire? (56:08)

- Closing thoughts, Kieran's blog (59:19)

Kieran's blog:

https://financiallyfreemd.substack.com/

Yatin's Links:

LinkedIn: https://www.linkedin.com/in/yatin-chadha/

Radiology Courses for Clinicians:

https://beyondradiology.thinkific.com/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

American express referral link:

https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Today I welcome back Sasha Cucuz, CEO of Greybrook Securities.

The focus today is to understand the variables impacting the margins (& expected returns) on investments in real estate development.

Discussion points:
- Greybrook's high rise model (2:19)
- understanding the value of land (3:30)
- what variables are controllable? (9:25)
- the outlook for pre-construction condos (15:25)
- how are margins impacted for condo projects? (24:25)
- has the southern Ontario investment thesis changed? (31:15)
- the anatomy of a USA value add project (37:50)
- what areas excite Greybrook in the US? (48:04)
- closing thoughts (53:02)

Greybrook: https://greybrook.com/

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

I've become fascinated with productivity over the last 2 years because it's another tool in our kit to effectively increase the time we have in our lives, so that we can live life on our own terms.

I share my experiences over the years & key learnings from 4 of my favourite productivity books (see below).

Discussion Points:
- why I'm fascinated by productivity (0:40)
- hack #1: set your goals & write them down (1:55)
- hack #2: figure out your next action step (4:18)
- hack #3: plan & structure your day (6:22)
- hack #4: cluster your tasks (9:33)
- hack #5: deep work & avoid task switching (11:21)
- hack #6: tackling technology & optimizing your environment (15:14)
- hack #7: figure out how to capture your ideas (18:14)
- hack #8: create an accountability partner (20:14)
- hack #9: being productive while you rest (21:57)
- hack #10: make it fun (24:04)
- hack #11: embrace the 2 minute rule (25:25)
- the 4 books I cited in this episode (26:28)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

4 Great Productivity Books:

https://www.feelgoodproductivity.com/

https://www.goodreads.com/book/show/25744928-deep-work

https://www.amazon.ca/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776

https://www.amazon.ca/Getting-Things-Done-Stress-Free-Productivity-dp-0143126563/dp/0143126563/ref=dp_ob_image_bk

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Ways to support the show:

Amex Business Platinum referral:
https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC7UzU&CPID=100560249

Amex Cobalt referral:
https://americanexpress.com/en-ca/referral/cobalt?ref=yATINCYEoc&CPID=100560249

Hey gang - this is a re-release of one of the most popular episodes ever.

Not out of laziness, but because several listeners have reached out to ask about which credit cards will allow them to elevate their travel game.

There's no better time than the start of the new year to talk travel :)

I interviewed my guest, Ricky Zhang (founder of Prince of Travel), in the summer of 2023. Most of what's discussed here is still very relevant today.

CRITICAL: In the conclusion I summarize key changes you will want to know before you sign up any cards.

Summary:
Ricky's background & the origin of Prince of Travel (5:05)
How does the points system work? (8:27)
Earning points rapidly through credit cards (12:34)
Credit score fundamentals (20:27)
Should we keep our credit cards for the long term? (24:00)
The credit card game isn't for everyone - who should avoid it? (28:14)
Other ways to rack up points at a faster pace (33:00)
The best credit card for Canadians: Amex Cobalt (34:07)
Credit cards for small business owners, why Amex points are so versatile (35:05)
Understanding the RBC Avion point system (38:24)
Redeeming points efficiently, dynamic pricing, ideal booking windows (41:07)
Example of redeeming points - Toronto to Portugal (46:46)
Prince of Travel Concierge services (51:27)
Aeroplan elite status (53:35)
How to get started (55:00)
Rapid fire, including a strong credit card portfolio (56:39)
How many credit cards does Ricky have? (60:18)
Closing thoughts (61:40)
CRITICAL - updates on rewards (62:49)

Credit card links (cards I use & benefit from):

Amex Business Platinum:
https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC7UzU&CPID=100560249

Amex Cobalt:
https://americanexpress.com/en-ca/referral/cobalt?ref=yATINCYEoc&CPID=100560249

Social media links & email:

Yatin:
beyondmdpodcast@gmail.com
https://www.linkedin.com/in/yatin-chadha/

Ricky:
https://princeoftravel.com/
https://www.youtube.com/@PrinceofTravel

Today I welcome Aravind Sithamparapillai (MBA), who is an associate at Ironwood Wealth Management. Aravind is becoming known as a tax ninja - he breaks down complex topics nicely for listeners of all levels.

While the focus of this episode is meant to be CPP (Canada Pension Plan) & its relevance to business owners, we cover a lot of ground that includes salary vs dividends & tax basics.

Discussion Points:
Aravind's background (4:18)
The basics of tax integration (5:00)
Tax integration by province/territory (6:42)
Tax credit & deduction on the employee portion of CPP (9:16)
Employer portion of CPP - tax deductible (14:13)
What is the true cost of CPP? (16:30)
Understanding the dividend gross up & dividend tax credit (22:05)
Income based benefits that can be impacted by the dividend gross up (26:15)
CPP vs investing yourself in the corporation (31:13)
Salary + dividend vs salary only approach (39:10)
What about the IPP (41:35)
Other CPP benefits - disability, children, survivor (43:30)

Post call newsletter: https://postcall.ca/

Aravind:

• https://www.linkedin.com/in/sithamparapillai/
• aravind.sithamparapillai@ironwoodcanada.com

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Ways to support beyond MD:

• Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP
• https://americanexpress.com/en-ca/referral/cobalt?ref=yATINCYEoc&XLINK=MYCP

Today I'm thrilled to host Dr. Neel Chadha. Neel is a family physician who made the bold decision to go all in on developing retirement residences for seniors.

This is a story of embracing new opportunities, taking calculated risks, & pursuing a focused life to find success.

Discussion Points:
Introduction (1:35)
From family medicine & geriatrics to developing senior homes (5:15)
Neel's decision to leave the hospital & go all in on senior living (6:55)
Neel's retirement residence community (9:35)
Senior living in Canada - status quo, supply/demand (12:00)
Investing in senior living - key metrics to track (16:25)
Navigating interest rates & other challenges in 2023 - key takeaways (18:42)
Why a focused life is critical for success (23:30)
The importance of mentorship (26:05)
What Neel wants to be known for (30:25)
Closing remarks (31:10)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

Neel:

• https://lanarklifestyles.ca/
• https://www.linkedin.com/in/dr-neel-chadha-44829013b/

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Ways to support beyond MD:

• Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP
• https://americanexpress.com/en-ca/referral/cobalt?ref=yATINCYEoc&XLINK=MYCP

The idea for today's pod was born after a riveting conversation on a flight to Florida. I'm happy to host Matthew Lee & Ming Lim from Volition Properties to learn how they've built wealth through investing in multifamily properties in the Toronto core.

Discussion Points:
- Introductions - worth it, I promise (1:30)
- Introduction to Volition (8:15)
- The investment thesis for multifamily in Toronto (10:35)
- Investment locations (19:50)
- Why tenants are so critical to the business model (23:45)
- Are there opportunities currently in Toronto? (25:30)
- What about areas outside the city core primed for more gentrification? (29:55)
- How do you turn properties into meaningful cash flow later? (33:30)
- The numbers behind a recent deal (44:55)
- How many properties does one need to exercise this strategy? (48:10)
- Price per square foot, the reason for 2-3 bedroom suites (51:00)
- 101 on laneway suites & the status quo in Toronto (53:20)
- Parting words (1:01:15)

Volition Properties:

FREE Monthly investor meetup:
https://www.meetup.com/Volition/

Detailed info on the condominiumization meetup Oct 29th, 2024

https://www.meetup.com/volition/events/302351457/?eventOrigin=group_events_list

Contact info: 

• info@volitionprop.com 
• www.volitionprop.com 
• 1-877-416-BRRR
• www.facebook.com/VolitionProp
• www.instagram.com/volitionproperties
• www.ca.linkedin.com/company/volitionprop
• www.youtube.com/@VolitionProperties

Physician Financial Wellness Conference:

• https://www.physiciansficonference.com/

Yatin Chadha:

• Email: beyondmdpodcast@gmail.com
• LinkedIn: Yatin Chadha

Ways to support beyond MD:

• Share beyond MD with your network
• Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Today is a little different on beyond MD. My incredible wife, Sima Acharya, interviews me to uncover money & life lessons I've learned over time. Plus, we talk about lessons we've learned as a couple.

Discussion points:
Sima's introduction (2:00)
Starting an idea - how & why beyond MD came to be (6:15)
Your spouse doesn't have to be a sounding board for everything (11:45)
The biggest lessons learned over time (13:50)
What concepts from the pod have I put into practice? (21:40)
What podcast topics have I intentionally avoided today? (27:59)
Lessons for the kids (33:00)
Our evolution when it comes to being aligned financially (35:50)
Most memorable beyond MD episodes (42:50)
My 3 favourite books (45:50)
My dream podcast guests (49:00)
Future ideas for beyond MD (50:50)

Yatin Chadha:

• Email: beyondmdpodcast@gmail.com
• LinkedIn: Yatin Chadha

Ways to support beyond MD:

• Share beyond MD with your network
• Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Books & resources discussed on this episode:

• https://andrewhallam.com/balance/
• https://www.amazon.ca/100-Baggers-Stocks-100-1/dp/1621291650
• https://www.amazon.ca/AM-Club-Morning-Elevate-Life/dp/1443456624
• https://www.lynalden.com/

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

Mark Halpern (CFP, TEP, MFA-P) is one of the top voices in tax efficient philanthropy in Canada. Earlier this year, Mark interviewed me on the reasons to give, and I came up with 4 reasons important to me that I hope you will find useful.

Discussion Points:
- my background & journey (3:00)
- the journey of beyond MD (6:02)
- how my interest in philanthropy evolved (11:20)
- reason #1 to give: giving makes is happier - what is the evidence? (13:10)
- reason #2 to give: imparting valuable lessons to our children (20:05)
- how to talk to our kids about giving (25:56)
- reason #3 to give: networking & entrepreneurship (29:00)
- reason #4 to give: financial benefits (33:20)
- numerical example of transferring appreciated stock from your corporation (35:30)
- how to make your charitable gifts more meaningful (39:30)

Yatin Chadha:
Email: beyondmdpodcast@gmail.com
LinkedIn: Yatin Chadha
Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Mark Halpern:
https://wealthinsurance.com/
https://powerofplatinum.com/
https://www.linkedin.com/in/markhalperncfptepmfap/
mark@wealthinsurance.com

Links from this episode:
https://wealthinsurance.com/webdoc/TaxLetter-The-Entrepreneurial-Philanthropist.pdf
https://mycharityfund.ca/
https://www.givewise.ca/

Ways to support beyond MD:
Share beyond MD with your network
Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

I'm thrilled to host my friend & colleague, Arjun Saraf (CPA, CA, EMD). We focus on Mortgage Investment Corporations, with a focus on understanding the challenges in the current environment & key considerations when navigating this investment strategy.

Discussion points:
- Arjun's professional background (5:33)
- Quick overview on New Haven's MIC (6:57)
- Understanding equity based lending (8:50)
- How does a high interest interest rate environment impact a MIC? (12:00)
- The MIC business landscape today (15:07)
- Tax treatment of MIC investment income (17:41)
- Current trends on arrears (18:25)
- Thoughts on interest rates (25:45)
- Risk mitigations strategies within a MIC (29:40)
- Key lessons learned running a business in this environment (35:13)
- MICs vs other fixed income investment strategies today & when rates fall (36:30)
- 3 Key questions to ask before investing in a MIC (39:40)
- Time to liquidity/getting your money out (43:20)
- Arjun's most valuable lesson (47:25)
- My perspectives (49:50)

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Arjun:

• asaraf@integratedequities.com
• https://www.linkedin.com/in/arjun-saraf-cpa-ca-emd-b0667022/
• https://www.newhavenmortgage.com/

For episode 100, I bring back my favourite person - my wife, Sima Acharya!

Sima is back by popular demand. Today we unpack some of the big decisions we've made together, discussing the factors at play and what we have learned.

Discussion points:

- Sima's update (2:25)

- Prioritizing adventures in new places earlier in life (6:38)

- Balancing now vs delayed gratification - home renovations (19:55)

- Raising the kids, learning along the way (25:35)

- Travel: how it's changed us, keeping the kids humble (35:30)

- How & where we invest our money (44:15)

My NYGH Fundraiser:

https://donate.nyghfoundation.ca/site/TR/Events/Rally_in_the_Ravine?px=1561359&pg=personal&fr_id=1310

LinkedIn:

https://www.linkedin.com/in/yatin-chadha/

https://www.linkedin.com/in/sima-acharya-a0430213/

Radiology Courses for Clinicians:

https://beyondradiology.thinkific.com/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

American express referral link:

https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Today I'm excited to host Justin Manning, a licensed life & health insurance broker from BC, to talk about a topic I've been getting many questions on lately: Health Spending Accounts, HSAs.

Discussion Points:
- Justin's background (4:05)
- What is an HSA/PHSP (4:45)
- HSA eligibility (5:42)
- Who could benefit from an HSA? (9:45)
- What services are covered by an HSA? (11:20)
- Can travel insurance be covered by an HSA? (13:29)
- Specific services covered/not covered by an HSA (14:20)
- The mechanics of how an HSA works (16:55)
- How much coverage are we allowed through an HSA? (19:49)
- Plan customization, wellness spending accounts (22:22)
- Set up, key questions, costs (26:26)
- Any HSA cons (?), potential misuse (32:28)
- No need to prove health (36:38)
- Can provincial plans like OPIP be paid through by our corporation (37:17)
- Justin's closing thoughts, what if I already have a good group plan? (38:37)
- My perspectives (42:30)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha
• Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Justin:

• https://www.linkedin.com/in/justin-manning/
• https://justinmanning.com/
• hello@justinmanning.com

Today I'm thrilled to welcome Jason Pereira, award winning financial planner to the show to re-explore pension plans for professionals. The focus is on the IPP, the individual pension plan.

Discussion Points:
- Individual Pension Plan (IPP) overview (2:40)
- Jason's background (5:25)
- key definitions - defined benefit (DB) & defined contribution (DC) pensions (6:10)
- how is the DB of an IPP calculated? (7:18)
- When to start an IPP? Thoughts on waiting longer & reducing fees (11:20)
- Who is the ideal candidate for an IPP? (14:08)
- Is there an income threshold below which an IPP makes no sense? (16:25)
- Is there a ceiling to the DB? (18:05)
- Jason's thoughts on the RCA (21:02)
- IPP vs PPP (26:00)
- Does is make sense to place conservative assets inside the DB component? (30:33)
- Is the contribution amount similar across different pension types? (32:28)
- Navigating the pension landscape (32:50)
- IPP vs RRSP & Spousal RRSP (34:30)
- IPP vs investing in a corporation with new cap gains rules (35:15))
- Common mistakes professionals & business owners are making (37:45)
- Improvements upcoming to financial planning in Canada (42:26))
- The most valuable lesson Jason has learned (50:00)

Yatin:
beyondmdpodcast@gmail.com
https://www.linkedin.com/in/yatin-chadha-29074b109/

Jason:
https://jasonpereira.ca/
https://jasonpereira.ca/financial-planning-for-canadian-business-owners-podcast-jason-pereira
https://www.linkedin.com/in/pereirajm/

I am delighted to host international best selling author, Andrew Hallam, on today's episode.

We have a wide ranging discussion on the pillars of a successful life, the relationships between money & home ownership & happiness, spending money to enhance life satisfaction, evidence-based investing for success & simplicity, relationships, purpose, & lessons learned living abroad.

Discussion Points/Chapters:
- Andrew's background (1:40)
- The requisites of a balanced & successful life (5:35)
- The relationship between income and happiness (7:30)
- How should we spend our money? (10:40)
- The desert island litmus test (15:55)
- Is home ownership associated with happiness? (18:05)
- Is our happiness impacted by the neighbourhood we live in? (21:59)
- How much of our income should we spend on a home? (25:10)
- Why our investment horizon should be 30+ years (27:10)
- Should you lump sum invest now or wait? (31:30)
- Andrew's take on one stop shop ETFs (38:00)
- My investment approach & challenges (42:30)
- Key questions to as a financial advisor (46:17)
- How to think less about $$ and embrace balance (50:00)
- Why relationships are so important (52:99)
- Meaningful relationships in a world where social media is ubiquitous (54:38)
- Lessons from living abroad, advice for those considering it (59:00)
- The power of giving (1:02:30)
- Finding your purpose (1:04:35)
- My perspectives (1:09:15)

Andrew's books:
https://www.amazon.ca/Balance-Invest-Happiness-Health-Wealth/dp/1774580756

https://www.amazon.ca/Millionaire-Teacher-Wealth-Should-Learned/dp/0470830069

https://www.amazon.ca/Millionaire-Expat-Wealth-Living-Overseas/dp/111941189

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Welcome back to beyond MD! Do you have an idea you want to bring to the world? If so, this episode is for you.

Today I sit down with Matija Kamikovski, CEO of Precision Finance. Matija has more than a decade of experience leading finance teams at start ups.

Discussion Points:
Matija's background in guiding startups (4:10)
Coming up with a sustainable business idea (7:50)
How to get data on the usefulness of your idea (10:25)
How do you know people will pay for your idea? (13:05)
Attributes leading to success/failure in entrepreneurship (14:45)
How do you actually get started? (17:59)
The financial metrics you need to track in the early days - cash, burn, runway (25:10)
Growth at all cost vs bootstrapped businesses (27:03)
How often should we track the financial metrics? (29:30)
Operating as a sole proprietor vs incorporating the business - set up, liability, tax deductions (30:30)
Budgeting, accounting, bookkeeping - guidelines & platforms (37:50)
When should a company start outsourcing tasks? (43:20)
Potential pitfalls of hiring to quickly (45:00)
The importance of sales (47:41)
Exit strategies (50:13)
What % of percentage of start ups fail? Don't let the thought of failure stop you (53:27)
Closing thoughts by Matija (55:12)
My perspectives

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Matija:

• matija@precisionfinance.ca
• https://www.precisionfinance.ca/
• https://www.linkedin.com/in/matijakamikovski/

I'm thrilled to host Ali Spinner, one of Canada's most trusted voices in tax, on the implications of the proposed hike in the capital gains inclusion rate.

Discussion Points:
- Tax 101 & What happened to the capital gains inclusion rate (0:55)
- Numerical example with 100K capital gains (5:51)
- Has tax integration been violated? Where should we hold certain assets like rental properties? (6:25)
- Is it still worthwhile incorporating? (13:30)
- A brief history of the capital gains inclusion rate (16:48)
- What can investors do?:
a) absolutely nothing (19:05)
b) selling assets and impact of Alternative Minimum Tax/AMT & GAAR/General anti-avoidance rules (21:07)
c) tax planning through insurance and pension plans (29:10)
d) departure tax for those considering leaving Canada (32:05)
- Change in Lifetime capital gains exemption/ LCGE, capital gains exemption for entrepreneurs (34:10)

Yatin's Links:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Ali Spinner:
Alexandra.spinner@crowesoberman.com

I'm happy to have Dr. Kevin Mailo back on the show to discuss what he's learned from investing in real estate (RE) over the last 15 years. We talk about winners and laggards in the portfolio, property managers, challenges with direct ownership in RE, the importance of due diligence in private equity, & how critical it is to understand your "why" in investing.

Physician Empowerment's Toronto conference occurs May 25-26 this year and you can save $100 using the discount code YATIN24 at: https://www.physempowerment.ca/live

Discussion Points:
- Kevin's reflections on his RE investing journey so far (4:09)
- Property managers and cognitive overload (8:55)
- Letting go of (challenging) properties & learnings (10:30)
- Kevin's RE portfolio (13:06)
- Characteristics of good RE investments in the portfolio, investing in Alberta (14:42)
- Properties that haven't worked out, details on preconstruction condos (17:10)
- Advice for those starting RE investing today (23:05)
- Reflecting on how many properties to hold for retirement (27:10)
- How does private equity investing work? (29:55)
- Private equity and due diligence (33:34)
- Private equity investment timelines & return types (36:68)
- Public vs  Private investment breakdown/rules of thumb (39:15)
- Public REITs (40:08)
- Goals for the next few decades (40:59)

Links:

Yatin's Links:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Kevin's Links:

• kevin@physempowerment.ca
• https://www.physempowerment.ca/live

In this episode I sit down with Parish Bhumgara from Gardiner Roberts LLP to discuss corporate shareholder agreements (CSA).

Discussion points:
- Parish's background (2:05)
- Corporate shareholder agreements/CSAs: what & when? (2:40)
- CSAs: who should consider this? (3:45)
- CSA structure (6:20)
- CSA share types (8:05)
- Key details to be outlined on a CSA (11:03)
- Unanimous shareholder agreements (16:33)
- Scenarios where CSAs really help (17:33)
- Separate corporation to invest in Real Estate (19:52)
- Corporations as a way to reduce liability (21:55)
- Any disadvantages to CSAs? (23:30)
- CSA set up (24:45)
- CSA cost (25:05)
- Transferring shares (27:18)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha

Parish:

• pbhumgara@grllp.com

Today I discuss some of my investments. There have been wins along with some subpar performances. I've also caught myself occasionally falling into common investing traps. Today I address it all and what I've learned from my experiences.

Discussion points:
- #1: focusing too much on price (4:46)
- #2: the importance of understanding what you are investing in (9:48)
- #3: sometimes it pays to take less drastic action (17:35)
- #4: investing in the market at all time highs (25:54)

Companies discussed: DIS, CVS, SIA.TO, NVDA
ETFs: XAW.TO

Links:
Yatin's Links:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha
• Book recommendation: Balance by Andrew Hallam

Today I welcome Kim GC Moody, one of our country's top tax experts, to discuss AMT (Alternative Minimum Tax) changes for 2024 & beyond and the potential implications for high income earners in Canada.

The podcast has 3 segments:
1) AMT history & mechanics
2) AMT changes
3) AMT Scenarios

Discussion Points:
AMT basics (0:47)
Table of contents (2:07)
Kim Moody's bio (2:41)
Intro (3:58)
AMT intro, history, & mechanics (6:33)
How are tax decisions made in Canada? (12:12)
How has AMT changed in 2024? (15:45)
Are more people leaving Canada due to excess tax? (20:00)
AMT - there is a provincial part, no impact on corporations (24:32)
Impact of AMT on capital gains (25:20)
Impact of AMT on carrying forward capital losses (27:08)
No impact on eligible dividends (27:55)
Impact of AMT on lifetime capital gains exemption (28:35)
Impact of AMT on charitable gifting (30:05)
Impact of AMT on stock options (36:12)
Impact of AMT on trusts (37:14)
Impact of AMT on carrying forward interest charges for rental properties (38:00)
AMT calculations for specific scenarios (39:34)

• capital gains
• capital gains + carry forward capital loss
• capital gains, eligible dividends, + charitable donation

What % of people will be impacted by AMT? (47:42)
Closing remarks (50:15)

Kim Moody:
website: https://moodysprivateclient.com/
LinkedIn: https://www.linkedin.com/in/kimgcmoody/
email: kgcm@kimgcmoody.com
Kim's podcast: https://kimgcmoody.podbean.com/

Yatin Chadha:
beyondmdpodcast@gmail.com
https://www.linkedin.com/in/yatin-chadha-29074b109/

I'm thrilled to host Dimitre Ranev, MD. Dimitre is a savvy mind when it comes to DIY investing. I've benefitted from his wisdom over the years & I'm excited to pick his brain on his investing approach today.

 This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. I can get commissions that will be used to offset the costs of running this podcast :)

Discussion Points:

Guest Introduction (3:13)
An overview of Dimitre's portfolio & investing approach (8:30)
Dimitre's process behind analyzing a company (12:54)
Dividend investing - what to consider (16:58)  
Payout ratios, valuation, P/E ratio relative to historical norms  (20:12)  
Investing during inflationary times (23:30)
Time required to invest in individual companies (29:36)
Behavioural tendencies, having the right investor psychology, minimizing irrational behaviour (30:44)
The importance of rebalancing your portfolio (35:47)
Financial considerations as we pivot from early to mid career (39:05)
Dimitre's preferred resources for learning about investing (41:50)
Rapid fire (47:25)
Dimitre’s advice on building wealth (49:28) 

 
Dimitri’s Links:

• LinkedIn: https://www.linkedin.com/in/dimitre-ranev-he-him-0b941495/
• Primary medicine podcast: https://podcasts.apple.com/ca/podcast/primary-medicine-podcast/id1022330537

Yatin:

• Email: beyondmdpodcast@gmail.com 
• LinkedIn: Yatin Chadha
  
  

Today we dive back into pensions for incorporated professionals. On this ride, we compare and contrast 2 good pension options: the individual pension plan (IPP) and the Healthcare of Ontario Pension Plan (HOOPP).

For today's chat I'm happy to welcome Sean Wilson (CFP, CIM), founder of Moraine Wealth Advisory, and Navaz Cassam, president & chief actuary of GBL Inc.

HOOPP vs IPP White Paper:

https://morainewealth.com/blog/hoopp-vs-ipp/

Discussion points:

- overview of pensions (1:45)

- introduction (2:42)

- what is a defined benefit (DB) pension plan? (4:38)

- the DB pension formula (5:20)

- establishing earnings for a pension plan (8:03)

- pension eligibility (9:43)

- pension plan contributions (11:43)

- why are extra contributions helpful? (14:40)

- IPP special contributions (19:10)

- impact of disability (21:23)

- IPP investing - DIY & control (21:50)

- IPP costs (26:32)

- flexibility & control in a pension plan (28:03)

- withdrawing from a pension (32:46)

- terminal funding (33:54)

- considerations for a retirement compensation arrangement (36:36)

- indexing the defined benefit to inflation (38:40)

- IPP projections - starting age 40 with $200K of T4 income (40:18)

- who shouldn't consider a pension? (45:37)

- closing thoughts (47:38)

Yatin Chadha

NYGH Fundraiser: 

https://donate.nyghfoundation.ca/site/TR/Events/Rally_in_the_Ravine?px=1561359&pg=personal&fr_id=1310

LinkedIn: Yatin Chadha

beyond Radiology:

https://beyondradiology.thinkific.com/products/courses/ct-head-interpretation-course

https://beyondradiology.thinkific.com/courses/master-ct-head-interpretation-course

Sean Wilson

https://morainewealth.com/

https://www.linkedin.com/in/sean-m-wilson/

Navaz Cassam

https://www.linkedin.com/in/navaz-cassam-0b025716/

I'm thrilled to welcome back our colleague, Dr. Ketan Kulkarni, who is a pediatrician, coach, author, & entrepreneur.

This is a fun and wide ranging interview. We discuss Ketan’s new book, Soar: A Soul's Quest (link below), what a rich & successful life means to us, how to stick to our core values, time management, financial needle movers, bringing out the best in our kids, & more.

Discussion Points:

Ketan’s new book, Soar (2:48)

Lessons learned after writing 2 books (9:45)

Tips for writing a book (15:34)

Navigating through multiple interests, beating burnout, & establishing your metrics for success (18:12)

Strategies for living a life aligned with your core values (21:54)

Ketan's thoughts on seeking coaching & advice during the journey (24:25)

Beating limiting thoughts & breaking through (26:20)

Specializing vs thriving through multiple pursuits (28:38)

Deep learning as a remedy for burnout (32:24)

Time management hacks to live a balanced life (35:04)

What financial practices have been most impactful for Ketan?  (38:35)

Parenting & bringing out the best in your kids (43:57)

Favourite books (49:40)

Ketan’s Links

●      Soar: A Soul's Quest by Ketan Kulkarni, Christopher Morris, and Francis Yoo

●      The Legendary Quest: ForProfessionals Seeking Inner and Outer Excellence and Authentic Fulfillment by Dr. Ketan Kulkarni and Dr. Francis Yoo

●      Limitless Expanded Edition Upgrade Your Brain, Learn Anything Faster, and Unlock Your Exceptional Life by Jim Kwik

●      The 5AM Club: Own Your Morning. Elevate Your Life by Robin Sharma

●      The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company by Robert Iger

Yatin:

●      E-mail: beyondmdpodcast@gmail.com

●      LinkedIn: Yatin Chadha

Thanks for tuning in to part 2 of multiple streams of income with Dr. Stephanie Zhou.

One thing I hope people can take away from these interviews is that it's possible for many of us build a diverse and rewarding career....the multiple streams of income is the cherry on top.

Discussion Points:

Getting paid to offer advice in your area of expertise (0:37)

Steph's approach to venture capital (6:08)

Income through traditional investments (12:52)

Income potential through social media (16:05)

Exploring the distinctions between podcasting and YouTube in terms of monetization (19:35)

Real estate investments and their relationship to a potential recession (22:40)

Physician Financial Wellness Conference (26:46)

Stephanie Zhou:

•Stephanie’s Instagram

•Stephanie’s LinkedIn

•Stephanie’s Youtube Channel

•HaloHealth

My Links:

•LinkedIn: Yatin Chadha

Join Dr. Stephanie Zhou in today's episode as she dives into her diverse career and the streams of income that come with it. 

Dr. Steph specializes in addictions medicine at Sunnybrook Hospital, leads the Financial Literacy Curriculum at the University of Toronto, started the annual Physician Financial Wellness Conference, and was recognized among Canada's 100 most influential women in 2022.

Tune in for an insightful conversation on multiple streams of income!

Discussion Points:

 The different types of income streams (4:30)

How Dr. Steph’s practice is structured and the various streams of income that comes within it  (6:37)

Does doing a variety of things lead to burnout or sustenance? (12:37)

Doing non-destructive focused work  (13:24)

How admin work gives you time and geographical freedom (19:23)

Asking professional compensation when getting invited to speak in talks and conferences (20:13)

Managing your time (24:00) 

How income works in board memberships (27:10)

Stephanie Zhou:

•Stephanie’s Instagram

•Stephanie’s LinkedIn

•Stephanie’s Youtube Channel

•Thinking Fast and Slow by Daniel Kahneman

•Deep Work by Cal Newport

 My Links:

•E-mail: beyondmdpodcast@gmail.com

•LinkedIn: Yatin Chadha

Hello all! We decided to add a few details to Part 4 on Permanent Life Insurance with Jeff Bernstein (CLU, MFA-P).

While some may elect to cancel policies, there are also options for navigating policies without fully exiting, which are covered here in a quick summary:

1. APL (Automatic Premium Loan)
2. RPU (Reduced Paid-Up Option)
3. Premium Offset

beyondmdpodcast@gmail.com
jeffbernstein@seligman.ca

Thank you for joining me on the final segment of permanent life insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.

Discussion Points:
- The White Coat Investor & permanent life insurance (1:26)
- Who can benefit from permanent life insurance? (3:44)
- Commissions on permanent life insurance (8:14)
- How do commissions impact your policy? (19:18)
- Exit strategies, Canceling a policy (22:15)
- Closing remarks (25:51)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. I can get commissions that will be used to offset the costs of running this podcast :)

Jeff Bernstein:
https://www.linkedin.com/in/jeffreymbernstein/
jeffbernstein@seligman.ca
https://seligman.ca/

My links:
https://www.linkedin.com/in/yatin-chadha-29074b109/
beyondmdpodcast@gmail.com

Welcome to Part 3 of Permanent Life Insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.

Discussion Points:
Summary of the death benefit (0:58)
Permanent life policies for the kids? (2:58)
Corporate Insurance Retirement Plan (6:10)
Infinite banking/being your own banker (beware) (18:50)
Immediate Financing Arrangement (IFA) (29:17)

Jeff Bernstein:
https://www.linkedin.com/in/jeffreymbernstein/
jeffbernstein@seligman.ca
https://seligman.ca/

My links:
https://www.linkedin.com/in/yatin-chadha-29074b109/
beyondmdpodcast@gmail.com

Welcome to Part 2 of Permanent Life Insurance with Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance.

Discussion points:
PAR Whole life investments (2:05)
PAR fund performance, dividend scales (5:51)
PAR fund actuarial assumptions (9:45)
Performance headwinds/tailwinds, dividend smoothing (14:55)
Open and closed policy blocks (19:08)
Illustrations: what we need to know (23:45)
Permanent life insurance as an asset class (31:10)
Universal life investments and costs (35:30)
Non-participating WL vs PAR (41:55)

Jeff Bernstein:
https://www.linkedin.com/in/jeffreymbernstein/
jeffbernstein@seligman.ca
https://seligman.ca/

My links:
https://www.linkedin.com/in/yatin-chadha-29074b109/
beyondmdpodcast@gmail.com

It's finally time to tackle permanent life insurance with a series of episodes. I'm thrilled to host Jeff Bernstein, CLU, MFA-P, owner & managing partner of Seligman Insurance as we do a deep dive on this topic.

Discussion points:
Jeff's background (5:57)
What is permanent insurance? (9:30)
Considerations for permanent life (12:30)
Core concepts: adjusted cost basis & capital dividend account/CDA (16:35)
Types of permanent life insurance: Universal Life (UL), Whole-life (WL) (24:35)
Participating vs non-participating whole life insurance (27:07)
Understanding key policy components: death benefit & cash surrender value  (31:35))
Permanent life policy funding timelines: does it make a difference? (33:57)
Policy structure: growth vs estate oriented (37:49)
Can term life be converted to permanent life? (40:28)

This episode features Arya EHR - https://www.aryaehr.com/

**I endorse only products/services I personally use or would use. I can get commissions that will be used to offset the costs of running this podcast :)

Jeff Bernstein:
https://www.linkedin.com/in/jeffreymbernstein/
jeffbernstein@seligman.ca

My links:
https://www.linkedin.com/in/yatin-chadha-29074b109/
beyondmdpodcast@gmail.com

In this episode I welcome Rounak Langhe, MBA, CFA, founder of Durham Asset Management.

Rounak is an expert in fixed income investing. The aim of the this episode is to cover the fundamentals of bonds.

Discussion Points:
- Rounak's background (3:35)
- what is a bond? Understanding the the 3 C's & coupon rate, maturity, and payment dates (8:40)
- overview of bond types: government, corporate, junk/high-yield & bond rating agencies (13:04)
- lower risk for higher yields in the bond market today? (19:24)
- main determinants of bond yields, yield curves (21:00)
- basic bond math, impact on future bond prices (22:47)
- investing in bonds when rates have (hopefully!) peaked  (26:38)
- why have bonds into your portfolio? (28:02)
- ways to invest in bonds - individual holdings vs ETFs vs mutual funds, fees (30:24)
- Canadian bond universe ETF composition (34:10)
- bond ETF fact sheets (36:29)
- is the 10 year US treasury yield a good marker for yields over the next 10 years? (38:18)
- closing thoughts (39:52)

Check out the postcall newsletter: https://postcall.ca/subscribe

Mark Soth's article on bonds in a professional corporation: https://www.looniedoctor.ca/2023/10/13/bond-etf-corporation/?fbclid=IwAR2KfvzLFPCQ9BdV5dyOSG7j2E_gNtixfWkPZTjC6nIyS7gfLizXvpf-sco

Yatin's Links:
beyondmdpodcast@gmail.com

This episode provides a deep dive into donor advised funds, a lesser known philanthropic strategy. I'm happy to have Mark Halpern, CEO of WealthInsurance.com back on the pod.

Discussion points:
- what is a donor advised fund/DAF (5:23)
- what can flow into a DAF? (8:23)
- transferring appreciated corporate securities to a DAF (11:50)
- rules around tax deductions on (DAF) contributions (15:32)
- others contributing to your DAF (17:10)
- DAF contribution rules (18:39)
- setting up a DAF (22:30)
- investments inside a DAF (23:20)
- DAF investment management fees (25:10)
- Slecting charities, money flowing out from a DAF (27:43)
- any DAF cons? DAF vs Private Foundations (30:43)
- more on private foundations (33:45)
- charitable gift annuities (35:42)

Mark's Links:
website: https://wealthinsurance.com/
email: mark@wealthinsurance.com
LinkedIn: https://www.linkedin.com/in/markhalperncfptepmfap/

Samples from Mark's Monthly Tax Letter:
https://wealthinsurance.com/webdoc/TaxLetter-Seven-Defensive-Strategies.pdf
https://wealthinsurance.com/webdoc/TaxLetter-Preserve-Your-Wealth.pdf
https://wealthinsurance.com/webdoc/TaxLetter-Accidental-Philanthropy.pdf

List of all Tax Letter Publications:
https://docs.google.com/document/d/1hNhZ7CSeOr2NBNdwZXCs6nL5gsRZb1Eisht_D5JxfeY/edit

Yatin's Links:
beyondmdpodcast@gmail.com
https://www.linkedin.com/in/yatin-chadha-29074b109/

Physician Financial Wellness Conference: https://www.physiciansficonference.com/