Portfolio Talks

Doctors don't tax plan..

Why does tax season always feel like a surprise hit? Because the truth is: Most doctors don’t have tax planning… they have tax filing. In this episode, Vishal Gill (CFP) and Tyson Nagasaka (MFA-P, CEA) from Portfolio Planning INC break down what’s really happening behind the scenes and why reacting every April could be costing you tens of thousands. 🎧 Tune in to learn: • Why “my accountant handles everything” is often a myth • The difference between tax filing vs. true tax planning • Salary vs. dividends and how to actually optimize it • How income smoothing can save you serious money over time • The hidden traps (like shareholder loans) most doctors don’t see coming 💊 Portfolio Planning INC "Prescribing your financial plan" If tax season has ever caught you off guard… this episode will change how you think about your entire financial strategy. If you found it valuable: ⭐ Rate & review the podcast 📤 Share it with a colleague who just got hit with a big tax bill 💬 Join our private Facebook group to submit your questions for our next Medical Mailbag episode Because smart doctors don’t just file taxes — they plan for them. Join Here! https://www.facebook.com/share/g/175Gss5j3F/ [https://www.facebook.com/share/g/175Gss5j3F/]

FHSA for early career Doc's

Early career doctors, what if buying your first home and saving on taxes and enjoying your life was actually possible? In this episode, Vishal Gill, CFP and Tyson Nagasaka, MFA-P, CEA from Portfolio Planning INC break down one of the most powerful (and misunderstood) tools available to you: The FHSA & why it might be the biggest financial advantage you’re not using. Because here’s the truth.. Most doctors are told to “just focus on your career early" and your finances are so simple in your early stage, thats not always true though. These mistakes or successes manifest greatly later in your career. 🎧 Tune in to learn: • Why it’s a myth that early career doctors don’t need tax strategies • How the FHSA gives you a rare triple tax advantage (deduction, growth, withdrawal) • Smart strategies to build your down payment without sacrificing your lifestyle • How to open an FHSA (and avoid costly mistakes like over-contributing) 💊 Portfolio Planning INC - Prescribing your financial plan 📝 Plus, we answer real questions from doctors during our mailbag segment. • Should you use FHSA before TFSA or RRSP? • What can you actually invest in? • What if you’re not even sure you’ll buy a home? If you’re just starting your career and want to avoid the financial mistakes that compound later… this episode is your blueprint. If you found it valuable: ⭐ Rate & review the podcast 📤 Share it with a colleague starting their journey 💬 Join our private Facebook group to submit your questions for our next Medical Mailbag episode. JOIN HERE: https://www.facebook.com/share/g/1ArYg8aLcU/ [https://www.facebook.com/share/g/1ArYg8aLcU/] Because the smartest doctors don’t just work hard they start smart.

RESP's for Doctors, Smart strategy or emotional trap?

Doctors, are you building your child’s future… at the expense of your own? In this episode, Vishal Gill (CFP) and Tyson Nagasaka (MFA-P, CEA) from Portfolio Planning INC unpack a question we hear all the time RESPs..smart strategy… or emotional trap? Because while every parent wants to fully fund their kid’s education, most doctors aren’t shown how to balance that with their own retirement, practice goals, and lifestyle. 🎧 Tune in as we break down: • The truth about the “fully fund it immediately” myth • How CESG grants actually work (and where people get it wrong) • RESP withdrawal rules nobody explains properly • The real opportunity cost of overfunding 💊 Portfolio Planning INC — Prescribing your financial plan 📝 Plus, we answer real questions from doctors: • How do you actually open an RESP? • Bank vs. specialized RESP companies and what’s the catch? If you’re raising a family and trying to make smart financial decisions without sacrificing your own future, this episode is for you. If you found it valuable: ⭐ Rate & review the podcast 📤 Share it with another doctor navigating parenthood 💬 Join our private Facebook group to submit your questions for our next Medical Mailbag episode JOIN HERE [https://www.facebook.com/share/g/1Ay56pMt56/] Because great planning isn’t just about your kids’ future it’s about yours too.

Use your TFSA or just invest inside of your CORP?

Canadian doctors! Are you making the most of your money, or leaving tax efficiency on the table? In this episode, Vishal Gill (CFP) and Tyson Nagasaka (MFA-P, CEA) from Portfolio Planning INC break down one of the most common (and costly) questions we see: Should you invest through your TFSA… or inside your corporation? The answer isn’t always what you think and getting it wrong can quietly cost you thousands over time. If you’re incorporated, building wealth, and want to make smarter decisions with your investments, this is a must-listen. 🎧 Tune in now and get clarity on: • When your TFSA still wins (even as a high-income professional) • When corporate investing makes more sense • The hidden tax traps most doctors miss 💊 Portfolio Planning INC "Prescribing your financial plan" If you found this helpful: ⭐ Rate & review the podcast 📤 Share it with a colleague who needs to hear this 💬 Join our private Facebook group to submit your questions for our next Medical Mailbag episode Your future self (and your balance sheet) will thank you. https://www.facebook.com/share/g/1HrYeAJbdP/ [https://www.facebook.com/share/g/1HrYeAJbdP/]

Are RRSP's holding Doctors back?

Vishal & Tyson are back on Portfolio Talks, diving into RRSPs for doctors—when they make sense, when they don’t, and the costly mistake we see incorporated professionals make all the time. If you’ve ever been told to “just max your RRSP,” this episode might change how you think about your entire strategy. 💡 In this episode: * When maxing your RRSP is a smart move * When it could actually hurt your long-term plan * How incorporated doctors should really think about tax + investing * Smarter alternatives you may not be using This is a must-watch for medical professionals who want to build wealth intentionally, not just follow generic advice. 🎯 Our goal: help doctors become high net worth—with clarity and confidence. — 📩 Want help building your own strategy? Reach out to work with us. 🔔 Subscribe for more episodes on investing, tax, and insurance planning for doctors.