Timothy Sumer

In this video I go over the rules the Government of Canada uses to decide your entitlement to Canadian pensions if you decide to live outside of Canada in retirement. Did you like this video. You can leave us a tip by buying us a coffee. Thank you!! Https://www.buymeacoffee.com/Rnjstevens Equipment & Software used in filming my Video: Go Pro 9 Hero Black IPad Pro 11 Keyboard Video Editing software: Luma Fusion Pro The links above are affiliate links, when clicked on we receive a small commission from Amazon which helps produce our video’s and helps feed a retired guy. :) There is no extra cost to you and we greatly appreciate it. Disclaimer: The information contained on this video is neither an offer nor a recommendation to buy or sell securities. Any information found on this video is not provided to any particular individual with a view toward their individual circumstances. This video has been prepared for informational purposes only and is not intended...

- 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...

📈📚 Join The Investing Academy ➤ Today we talk about the Canadian Public Pensions Plans: CPP, OAS, GIS #stockmarket #canada #theinvestingacademy ----------- Want to join The Investing Academy Community? If so, be sure to check out our website. We offer online courses for Canadians that will give you a full understanding of the stock market fundamentals, walk you through step-by-step in getting your accounts set up, or take your investing to the next level. You’ll also get to become part of our private community to meet the other students and work alongside us. Website ➤ ----------- Follow Us Here: Facebook: Instagram: LinkedIn: ----------- Intro (0:00) Canada Pension Plan (2:27) What is the CPP? (5:40) Criteria (8:36) Low-Income Provisions (11:10) When to start CPP (11:59) CPP Benefits (16:28) Applying for CPP (19:53) Old Age Security (21:26) Eligibility (22:05) When to Start (23:45) Amounts (25:24) Repayment (26:16) How to Enrol...

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...

Learn more about our services: Check out the Investing Academy: Guaranteed Income supplement (GIS) is the more elusive Canadian retirement benefit, and there will be only a small portion of people that actually qualify unless you do some very specific planning with your assets. In this video we'll go through what GIS is, how do you qualify, and then we'll do a case study looking at a plan that uses GIS and compare that to a more traditional retirement plan. 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 (...