Timothy Sumer

Learn more about the @NeoFinancial Cashback Mastercard here: Get a $50 credit + receive 15% cashback on your first purchase with this link! #NeoFinancial #MeetNeo #sponsored Figuring out what your CPP payment will be is an extremely complicated process, but these 3 calculators will give you a good idea of what it should be, assuming your situation is on the simpler side. If you are on CPP disability, the survivor pension, or have child dropout years, then these calculators probably won't be as useful. In those situations, it will be helpful to reach out to Doug Runchey for his services at Calculator 1: Calculator 2: Calculator 3: Doug Runchey's article on CPP's formula: If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services a

Learn more about our services: Check out the Investing Academy: In this video, we go through the process of how to actually get a hold of your CPP & OAS payments. We'll go through when you can apply, how you can apply, and also some certain intricacies that relate to both CPP and OAS. If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at or email Info@Parallelwealth.com 5 ways to level up your financial plan: Personal Finance for Canadians for Dummies: Free Credit Report with Borrowell: Retirement Income for Life: Getting More without Saving More (Second Edition): 20% off an online Will at www.willful.co use promo code: ‘PWFG20’ Join the Investing Academy: OUTLINE 0:00 - What This Video Covers 0:30 - Investing Ac

■ 💸Not sure If you are on the right path in saving? 💪 Download this FREE Financial Clarity Checklist: ■ 💰Book a 30 min Complimentary Consult with Thomas 🕵 #CanadaCPP#CanadaPension#CanadaPensionPlan When To Take Your Canadian Pension Plan Out? | Canada Pension Plan Explained Sometimes when you do financial planning, retirement planning , you may seldom consider about the deepest question about retirement and the related tax planning that may also effect your real estate investing, savings, or even your overall wealth. Canada CPP is a matte that will determin the parallel wealth of your retirement. Not jsut cpp, but also cpp and oas,cpp canada. The canadian pension plan is a complicated thing. Yet, there are so many information about canadian pension plan explained, such as: - When to take cpp - What is canada pension plan - How to take out money from canada pension plan 2022 - Should i take cpp early - When is the best time to collect cpp Retirement in canad

Full video: We are in an extremely high inflation environment right now, and that could have a major affect on your investment portfolio. Watch the full video where Chris Richard explains the impact that inflation can have on the market. 6 ways to level up your financial plan: Personal Finance for Canadians for Dummies: Free Credit Report with Borrowell: Open an EQ Bank Account: Financial Calculator I use: Financial Masterclass for Canadians: 20% off an online Will at www.willful.co use promo code: PWFG If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at or email Info@Parallelwealth.com ----------------------------------------- DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only an

If you have a defined benefit pension plan, it may come with a bridge benefit which is an additional payment that you receive when you retire until you reach age 65. A lot of people start their CPP & OAS when their bridge benefit ends, and for most people, that is not going to be right planning strategy. 6 ways to level up your financial plan: Personal Finance for Canadians for Dummies: Free Credit Report with Borrowell: Open an EQ Bank Account: Financial Calculator I use: Financial Masterclass for Canadians: 20% off an online Will at www.willful.co use promo code: PWFG If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at or email Info@Parallelwealth.com ----------------------------------------- DISCLAIMER: The videos and opinions

Thank you to Passiv for sponsoring today's video! Join here for FREE: ➡️RRSP To RRIF Conversion: ➡️Withholding Tax Rates: ➡️Our New Channel! If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your retirement plan on track.  You can learn more about our services at Financial Resources I personally recommend: ➡️Retirement Income for Life: Getting More without Saving More (Second Edition): ➡️Parallel Wealth Masterclass: ➡️Future Value Calculator: ➡️Neo Mastercard – no annual fee and average 5% back! - ➡️Free Credit Report with Borrowell: ➡️Maximize your Savings with EQ Bank - The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personal vetted each produ

My Service Canada: Episode One: Episode Two: Episode Four: Episode Five: Taking your CPP at age 60 will reduce your payment by 36% versus waiting until age 65. We find that most of our clients jump to take CPP at age 60...it’s something they have paid into for many years and are eager to get something back out of it. While I understand the eagerness, it doesn't always make sense. Maybe you're still working or you have a pension along with registered investments to fund your early 60s...if that is the case, it's probably not best to start collecting CPP payments at 60. When does it make sense though? 1) You need the extra income stream to support you and pay your bills. 2) You didn’t work between age 55-60. 3) You have a shorter life expectancy – either from a current health issue or based on family medical history. 4) You are a conspiracy theorist and think that CPP will run out of money and you better gets yours now – this is a surprising large

Learn more about our services: If you have a defined benefit plan, it'll be important to create a plan for a laddered income in retirement. You should spend more earlier in retirement than later, so despite a defined benefit plan, your TFSA and RRSP are still going to be important tools to for your retirements savings. If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at or email Info@Parallelwealth.com ----------------------------------------- DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek o