The Truth About CPP - When should you begin your CPP ๐ฆ๐ฐ๐ต๐ฒ๐ฑ๐๐น๐ฒ ๐ฎ ๐ฐ๐ฎ๐น๐น ๐๐ถ๐๐ต ๐๐ฎ๐๐ถ๐ฑ ๐ https://calendly.com/aaronwealthmanagement
If your like many people planning for retirement, you have questions around when to start receiving your Canada Pension Plan. You've likely watched videos recommending taking CPP at age 60, 65 or 70. So what age is best...it's so confusing.
In this video I share my own personal belief around when to start CPP. These beliefs have been developed over 25 years in helping Canadians plan for retirement.
There are only 2 considerations in determining when you should begin receiving your CPP: 1. The Math - Your likely trying to find the optimal age to begin CPP given that you may have a private pension, rental income, RRSP's to meltdown and avoiding the possibility of an OAS Clawback. 2. Longevity - Some people are blessed with long lives and hopefully healthy long lives. The truth is this area of your life is largely out of your control.
It's because of this fact, for my plan, optimization of CPP is less of a priority and starting the income from CPP earlier (65 -67) to enjoy while I'm younger and healthy is THE priority.
๐ช๐ต๐ ๐ฌ๐ผ๐ ๐ฆ๐ต๐ผ๐๐น๐ฑ ๐ช๐ฎ๐๐ฐ๐ต: This video is not just for economists or financial experts; itโs for anyone concerned about their financial well-being in the coming years. If you're looking for ways to safeguard your investments, plan for retirement, or understand the economic indicators that could impact your future, this video is your go-to resource.
By the end of this discussion, youโll have a clearer understanding of the driving forces behind rising interest rates, market volatility, CPP / OAS, Retirement planning and the tools you'll need for protecting your assets and ensuring a secure financial future.
Don't leave your financial future to chance. Equip yourself with the knowledge you need and consider getting professional advice to navigate these uncertain times. Subscribe for more insights and actionable tips.
Disclaimer: This video is for informational purposes only and should not be considered as financial advice.
If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to schedule your confidential meeting with me. โฏYou can schedule your meeting here: https://calendly.com/aaronwealthmanagement
โค ๐๐๐๐๐๐๐๐๐ to our Channel here: http://bit.ly/2lPUJjAโโโ
Toronto Mississauga Oakville Burlington Brampton Woodbridge Vaughan Richmond Hill Newmarket Thornhill NorthYork GTA Etobicoke Markham Aurora King City Ontario Manitoba British Columbia Alberta New Brunswick
