While many Canadians can’t wait to start drawing down Canada Pension Plan benefits when they turn 65, it’s important to consider whether that’s the right move
Bonnie-JeanneMacDonald, director of financial security research at Ryerson University’s National Institute on Ageing
Delaying CPP is the safest, most inexpensive approach to receiving more secure retirement income. Yet 95 per cent of Canadians claim their CPP by age 65.Why does it matter? CPP benefits last for the rest of your life and keep up with inflation. More than 96 per cent of Canadians aged 60 will survive to age 70, and nearly […]
Full Post at www.benefitscanada.com