Senior couple mountain biking on a forest trail, low angle (istock) Women have good reason to worry about retirement finances – they tend to live longer than men, have lower pensions and are more likely to become widowed and need long-term care. That means that for women, in particular, delaying the start of taking their Canada Pension Plan (CPP) retirement benefits from 65 until 70 makes a lot of financial sense .
The mathematical case for delaying CPP is clear: Starting CPP benefits at the age of 70 instead of 65 will increase a person’s CPP pension by 42 per […]
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