CPP Pension Users: Should You Start Your Payments at 60 or 65?

CPP Pension Users: Should You Start Your Payments at 60 or 65?

The day will come when Canada Pension Plan (CPP) users will have to firm up retirement decisions . Financial security is the primary goal of would-be retirees because you mustn’t outlive your retirement savings. The CPP pension is guaranteed income for life, although the program is flexible as to payment options.

While life expectancy could be a deciding factor, sometimes it’s practical not to wait for the standard retirement age or 65. Some CPP users claim the pension when it becomes available. You too can after one month after you turn 60. Between the two options, which is the better […]

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