Timothy Sumer

Ever tried to blow up your retirement plan? If not, you better watch this video. You know what they say about best laid plans... Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Intro (0:00) Planning for Storms (0:25) Stress-testing Your Retirement Plan (1:30) High Inflation (2:15) Lame Investment Returns (2:53) Market Crash (3:10) Early Death of a Spouse (3:29) A Whole Bunch of Bad at Once (4:13) Strategizing in Advance (5:13) Outro (6:22) DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Qualified Associate Financial Planner (QAFP) and more. However, he is not registered to provid...

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 b...

Most of the time I do not recommend taking Canada Pension Plan early. But there are some cases where it makes sense. And sometimes a lot of cents. So if you’re wondering when to take CPP, you’re in the right place. Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Links: CPP, OAS & GIS Deepdive: Doug Runchey CPP Calculations: Sunlife CPP Study: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/ ------ Intro (0:00) Consequences of Taking CPP Early (0:35) #1. Need the Money (2:02) #2. Shortened Life Expectancy (2:32) #3. GIS Eligibility (3:12) #4. Invest the CPP Benefit (4:13) #5. Avoid OAS Clawback (5:28) #6. Market Turmoil (6:15) #7. 8+ Years of Past Low Income (7:57) #8. Do Not Trust the Government (9:12) Planning It Out First (10:26) ------ DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our fi...

The Canada Pension Plan (CPP) retirement pension is a monthly taxable benefit. The pension amount is based on your average earnings, your contributions to the CPP, and the age you start your CPP retirement pension. In this video, I am going to show you how to get an estimate of your monthly CPP retirement pension payments. I am not going to talk about the Quebec Pension Plan (QPP) in this video. References: Disclaimer: In the event of any discrepancies between this video/ materials posted on this channel and the Government of Canada website/ documentation, the Government of Canada website/ documentation will prevail. This video is for general informational purposes only. I take no responsibility for any errors or omissions in, or for the loss incurred by individuals or companies due to the use of the materials on my channel. This is a personal channel. Any views or opinions expressed by me and my guests/ interviewees are personal opinions, and do not represent those ins...

Ever wonder how much income you will get from Canada Pension Plan and Old Age Security? We give the answers. Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Intro: Best Case Scenarios (0:00) Max Combined Amount @ Age 65 (0:34) Guarantees (1:00) Breakdown of The Numbers (1:24) Delaying For The Increased Amount (1:49) How Much Will You Get? (3:41) Estimating Future Benefit Amounts (5:24) Outro (6:50) Links: - CPP Details from CRA: - OAS Details from CRA: - My Service Canada Login: - CPP and OAS Future Benefits Calculator from Ativa Interactive: DISCLAIMER: The content and opinions on this channel are for informational and educational purposes only and none of it is (nor is it intended to be) investment advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Quali...

- Want To Learn More With Thomas? - ■ 💸Not sure If you are on the right path in saving? 💪 Download this FREE Financial Clarity Checklist: - ■ 💰Want to have a chat with Thomas? 🕵 #cpp #oas #gis 3 Retirement Benefits in Canada | CPP OAS GIS, How Do They Work? | Retirement in Canada For today’s remaster project, I’ll go over Canada’s top 3 pension plans CPP, Canada Pension Plan, OAS, Old Age Security, and the GIS, Guaranteed Income Supplement. how do they work? I will go over the details again and share how you can get up to $1800 per month for your retirement in canada What benefits you can get from the Canadian Government when you are retired and how are they different from each other? CPP - Canada Pension Plan OAS - Old Age Security GIS - Guaranteed Income Supplement All CPP, OAS, and GIS are designed to replace a certain amount of your income up to a certain limit each year. In today’s video, I wil...

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...

Can you actually count on Canada Pension Plan and Old Age Security to be there and to last throughout your retirement? In this video, we breakdown the good news and the bad news regarding these critical Canadian retirement benefits. Business Inquiries: info@wellbuiltwealth.ca Well Built Wealth: Links: CPP website: National Debt Clock: OAS Facts: DISCLAIMER: All videos on this channel (including this one) are for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it. Rhys Martell is a Chartered Investment Manager (CIM), a Fellow of the Canadian Securities Industry (FCSI), a Qualified Associate Financial Planner (QAFP) and more. However, he is not registered to provide investment advice and, therefore, does not provide specific investment recommendations. Those looking fo...

FREE Guide! Download the ultimate retirement guide: FREE Webinar! Join our free webinars and learn how you can build your wealth and reduce taxes: Want us to help you build more wealth while protecting your capital and minimize taxes? Get a second opinion on your investment portfolio: Subscribe to my channel here: In this video, we will look into a few different ways you can protect your portfolio from inflation. I hope you will enjoy the video! My name is Darius Muica, Senior Investment Advisor with Nour Private Wealth. I am passionate about the work I do and I am extremely client-oriented! Me and my team focus on helping our clients build wealth faster, in the most tax-efficient way possible. If you are new to my channel, do subscribe, and If you have any questions, let me know by posting a comment below. All views and opinions expressed in this video are provided for informational purposes only and do not constitute an offer or solicitation to buy or sell...

Will you earn a decent retirement benefit? - The Pulse on JoyNews (12-1-22) #Pension #ThePulse #JoyNews #MyJoyOnline Subscribe for more videos just like this: Click to this for more news: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement is a stage of life that everyone eventually reaches. Whether you are approaching retirement in a few years or you have several decades left in your career, it is important to start thinking about your retirement income now. One of the most important sources of retirement income for most people is their pension. A pension is a retirement plan that is sponsored by an employer or the government. The purpose of a pension is to provide retirees with a reliable source of income during their retirement years. The amount of money you receive from your pension depends...

Organized labour wants to expand the Canada Pension Plan to provide a better retirement for people. Private pensions are having problems, the CPP can provide a successful alternative as long as we are careful about how it is managed. We all know about the CPP, but maybe not as much as we think; Stan Dzbik of the Victoria Labour Council fills us in, along with Ken Georgetti of the Canadian Labour Congress, Mike Eso of the VLC, Dr. Michael Prince UVIC Professor of Social Policy, BC Forum president Gerry Edwards and Hassan Yussuf, secretary-treasurer of the Canadian Labour Congress. An important issue that we'd better be keeping our eye on. © 2010/2012 Lazarus Productions... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As Canadians, we all strive for a secure retirement. But how can we ensure that our retirem...

The Canada Pension Plan is a government-sponsored retirement plan that provides Canadians with a source of income in retirement. Your CPP benefits will depend on how much you contributed to the plan during your working years and how long you contributed.Subscribe Now 🙏 When you reach the age of 60, you can begin to receive CPP retirement benefits. The amount you receive will depend on how much you have contributed and how long you have contributed to the plan. You can choose to start receiving CPP benefits as early as age 60 or as late as age 70, with the amount increasing the longer you delay receiving benefits. If you are no longer able to work due to a disability, you may be eligible for CPP disability benefits. This benefit is available to individuals who have contributed to the CPP and who are unable to work due to a severe and prolonged disability. In the event of your death, your CPP benefits may be available to your spouse or common-law partner, depen...

What mistakes could you make to loose this benefit? Alternately, how can you make the most of it? If you are 75 and above, there is some good news. Let’s find out. Correction: I referred to Canada as a Socialist Country by accident, this is incorrect. Canada is a Democracy that practices Social programs to ensure basic needs are met. We most certainly are not a Socialist country but a Democracy. Thanks for pointing that out Richard! 😊 ABOUT ME ============================= Theresa Travels the globe searching for her ideal retirement destination, shares with you her experiences and explores how to prepare for Financial Independence and Retire Early (FIRE). Formally trained in Architecture, Business and Technology, Theresa brings a depth of knowledge and experience to the topics. DISCLAIMER ============================= WITHOUT PREJUDICE - This channel is purely for entertainment purposes only, please seek advice from certified professionals. 🔔...

Subscribe for more videos / Abonnez-vous:recevoir d'autres viédos: ==================================================================== How Much Is CPP (Canada #Pension Plan & Old Age Security # retirement plan ) At Age 70: 5 Reasons To Delay I KASH Your #CPP payments depend on how much you have contributed to the plan and for how long you contributed. CPP and #OAS are very important for Canadians. I hope the Canadian Government doesn't screw them up. You can go on a mind-bender trying to figure out how these two Canadian pensions work. - HOW MUCH IS CPP AT AGE 70? - REASONS TO DEFER CPP UNTIL 70 1. Average Life Expectancy or Better 2. Higher CPP Payout 3. You Are Still Working 4. Eligibility for GIS 5. Investment (Market and Inflation) Risks CPP BREAKEVEN POINT CPP Breakeven Point Chart HOW TO APPLY FOR CPP ==================================================================== LISTE DES ÉQUIPEMENTS QUE J’UTILISE FRÉQUEMMENT CAMERA UTILISÉE: TRÉPIED UTILIS...