RESP – Registered Education Savings Plan
Securing the Future of the Fiefdom
Features & Options
Canada Education Savings Grant (CESG)
A guaranteed 20% match on your first $2,500 annually.
Canada Learning Bond (CLB)
Up to $2,000 in “no-contribution” funding for eligible families.
Provincial Incentives
Quebec Educations Savings Incentive (QESI) and BC Training & Educations Savings Grant (BCTESG) on top of CESG and CLB
Term Deposits/ Guaranteed Investment Certificate
Access to GICs and Term Deposits for capital preservation as child nears college age.
Self Direct Investment
Full control over investments to maximize long term yields
Multi-Beneficiary Plans
One Family Plan (Family RESP) to manage multiple children with ease
Tax Free Growth
All investment gains grow sheltered from CRA
Flexible Withdrawals
Funds can be used for tuition, housing, tools, and living expenses
Peasant Finance Strategy
We show you how to funnel rental cash flow into this tax-sheltered vehicle.
See the math in action with our RESP Performance Pro Calculator below
To truly “Live like a Peasant and turn into a King,” you must understand that wealth isn’t just about what you earn—it’s about how you protect and multiply it for the next generation. In Canada, the Registered Education Savings Plan (RESP) is one of the most powerful tools in your “fiefdom” to ensure your children start their adult lives with a massive advantage.
Below is the introductory framing for your blog post and a dedicated guide on how to maximize this proprietary tool.
The Generational Wealth Engine: Why Every Ontario Landlord Needs an RESP Strategy
As a property investor, you understand the power of leverage and compounding. An RESP is essentially “government-backed leverage.” For every dollar you contribute, the federal government adds at least 20% via the Canada Education Savings Grant (CESG).
Imagine if your rental properties came with a guaranteed 20% ROI on your capital before the first tenant even moved in—that is exactly what the RESP offers. However, simply opening an account isn’t enough. To build true wealth, you need a Strategic Projection.
Our RESP Performance Pro calculator is designed for the sophisticated investor. It doesn’t just show you “savings”; it demonstrates the cost of inaction and the exponential difference between “parking cash” and “strategic growth.”
The Peasant Finance Challenge
Don’t let your “fiefdom” stop at property lines. Use the tool below to visualize the future you are building. If the numbers show a gap in your savings goal, let’s talk about how optimizing your real estate portfolio can provide the cash flow needed to max out these grants.
How to Use the RESP Performance Pro Calculator
This tool is designed to be interactive. By adjusting the inputs, you can see how changes in your family income or contribution timing impact the final “King-sized” payout for your child’s education.
Phase 1: Input Your Annual Contribution
The Strategy: The government matches 20% of your contributions up to $2,500 per year (a $500 grant).
The Pro Move: Our default is set to $16,500 in Year 0. Why? Because you can “front-load” an RESP to maximize compounding time, though you only get grants on the first $2,500 each year (or $5,000 if catching up on unused room).
Phase 2: Adjust Your Family Income
The Impact: Your income level determines if you qualify for the Canada Learning Bond (CLB).
The Calculation: If your income is below the threshold (approx. $53,359), the government adds extra “bonds” into the account without you having to contribute a single cent. Watch the CLB Paid column update as you change this number.
Phase 3: Compare the Growth Tiers (The “Green Gradient”)
3% – 5% (The Safe Play): Represents conservative investments like GICs or Bonds.
7% – 9% (The Equity Play): Represents a diversified portfolio of stocks or REITs.
The Red Dashed Line (The Cost of Inaction): This shows what happens if you keep the money in a standard savings account with 0% growth. Notice the massive “wealth gap” that forms between the Red and the Deep Green lines over 18 years.
Phase 4: Export Your Strategy
Once you have found the contribution level that fits your budget, click “Export Report.” * This will generate a professional PDF analysis you can save to your records or bring to your next financial planning session.
RESP Strategic Projection Tool
Strategic Wealth Planning for the Next Generation
| Age | Contribution ($) | Income ($) | Grant Paid | CLB Paid | Cash (0%) | 3% Val | 5% Val | 7% Val | 9% Val |
|---|
“Someone is sitting in the shade today because someone planted a tree a long time ago.”