Challenges for Canadian physicians

Galen Nuttall, M.Ed, CFP joins Yatin Chadha to discuss financial literacy as it pertains to Canadian physicians.

One of Galen's top interests as an experienced planner is helping incorporated small business owners, including doctors, create their own pensions using their professional corporation.

Discussion points:

- survey part 1: 58% of Canadian physicians said they were confused about where to start with financial planning and didn't know who to trust

- survey part 2: 80% of Canadian physicians said they were not at all or only somewhat confident that they were using their corporation efficiently

- navigating various financial advisor designations (CIM, CFP, CFA etc)

- what questions to ask a financial planner

- the connection between financial literacy and wellness

- basic mechanics of corporation efficiency

- what Galen brings to the table.

Galen has many useful resources for Canadian physicians:
- website: https://www.galenhelpsdocs.com (includes financial literacy challenge)
- https://www.galenhelpsdocs.com/webinar (recent webinar for incorporated MDs, replay available soon
- YouTube Channel: Canadian whiteboard finance
- Podcast: A Clean Bill of Wealth