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Title:Retirement in Canada | Canada Pension Plan | Should I Take CPP EARLY?
Duration:06:01
Viewed:77,140
Published:02-06-2020
Source:Youtube

- Want To Learn More With Thomas? - ■ 💸Not sure If you are on the right path in saving? 💪 Download this FREE Retirement Stability Checklist: https://ter.li/65s3zm ■ 💰Book a 30 min Complimentary Consultation with Thomas 🕵 https://ter.li/1r63gt Retirement in Canada | Canada Pension Plan | Should I Take CPP EARLY? When is the best time to collect CPP? This video will give you a step by step approach whether or not it makes sense to take CPP early. So you can help yourself or the people you know to make a smarter retirement in Canada Canada Pension Plan, CPP for short, is a pension plan backed by the government for Canadian's retirement You can only receive CPP payments if you have worked and made contributions to the plan. The amount you receive depends on how much and how long you contributed in Canada. In 2020, the maximum Canada Pension Plan payout is $1,175 per month. The standard age to start taking CPP is at age 65 But you have the flexibility to withdraw as early at age 60, you will get 36% less compare getting it at age 65. vice versa, you get 42% more if you delay the benefits to age 70 So the question is should I take Canada Pension Plan early at age 60, wait until the standard 65 years, or defer CPP benefits until I’m 70 years old? Enjoy! #CPP #CanadaPensionPlan #takecppearly ______ 🗣 Feeling stressed regards to your current finance? Learn 5 EFFECTIVE ways to Boost your Financial Immune System Download this FREE, EASY, Step-by-Step checklist 🔊 https://mailchi.mp/6fdcfaf76d75/finan... ''Retirement in Canada 2020 | CPP OAS and GIS| How much can you get for retirement?'' https://youtu.be/O-SKEhlXJ3E “7 Ways to Make Money💰 Without Leaving The House🏠” https://youtu.be/RNTOO3QtYEs “3 Habits to Help You Stay Positive and Productive 💪” https://youtu.be/NNjQYdX1IlQ “How To Get a Good Rate of Return WITHOUT Investment Knowledge!” https://youtu.be/Ah_HwxUUtkI “4 Things You Need To Know Before You Invest!💴📈” https://youtu.be/ICBj7vivIWs “How Term Insurance Works In Canada? | Insurance 101” https://youtu.be/6H_0fp8HLv0 ----------- Thomas is a 10-year veteran advisor in the insurance and investment industry. He understands the life stages and challenges that people are going through. Therefore, the purpose of this channel is to bring awareness to the importance of financial education. No matter what age group you are in, knowledge has the potential to unlock wealth. Better Mindset | Better Life! Facebook|https://fb.me/ThomaswithNovella Mail|thomaschan@novellawealth.com https://youtu.be/VlcfUm_PBgU

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