Top Eight Compelling Reasons to Consider Taking CPP at Age 60: Exploring Canadian Retirement Benefits
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