3 Reasons To Take CPP At Age 60 - Boomer & Echo
Taking CPP early may not be the most optimal decision but there are some cases where it makes sense. Here are 3 reasons to take CPP at age 60| Boomer & Echo
It’s worth knowing a little more about how that Canada Pension Plan (CPP) deduction will one day magically appear in your bank account when you retire.| Boomer & Echo
When should early retirees take CPP? There's no definitive answer, but having the right data will help inform your decision.| Boomer & Echo
Your CPP benefits calculation is a recipe that never comes out the same way twice, because the ingredients - while similar - are always slightly different.| Boomer & Echo
When you are 1-5 years away from retiring, a checklist like this can be helpful to get yourself into the retirement readiness zone.| Boomer & Echo
This guide lays out the puzzle pieces: what to do before you retire, what happens in the first year, and how three different retirement scenarios look in practice.| Boomer & Echo
Let’s dive into everything you need to know about RRIFs – from opening a RRIF to what happens when you kick the bucket (yes, we’re going there).| Boomer & Echo
The CPP decision doesn’t start at 65. It starts at 60. And if you frame it that way, the difference between taking CPP at 60 and waiting until 70 isn’t 42 percent. It’s 121.9 percent.| Boomer & Echo
One of the biggest decisions as you edge closer to retirement is when to take CPP. Early, late, or somewhere in between:| Boomer & Echo
This article is about something I call the retirement risk zone: The period of time between retirement and the uptake of delayed CPP and OAS.| Boomer & Echo
In previous articles I've looked at reasons to delay taking CPP until age 70, along with explanations why you might want to take CPP earlier at age 60. But in this article I'm going to explain why you shouldn't take CPP at age 65. The most compelling reason to defer CPP is the increase or enhancement of your benefit - 0.7% for every month you delay past 65. Wait until age 70 and you'll receive 42% more CPP than if you took it at age 65. Taking CPP early can also be an attractive option for th...| Boomer & Echo
Taking CPP early may not be the most optimal decision but there are some cases where it makes sense. Here are 3 reasons to take CPP at age 60| Boomer & Echo
The amount of your CPP payments depends on two factors: how much you contributed, and how many years you made contributions between 18-65.| Boomer & Echo
