3. When Should I Take CPP?
Welcome to Episode 3 of Retire Me!
Today we discuss:
- Canada Pension Plan
- How much you can expect from CPP when you retire
- How CPP is calculated
- The impact of taking it:
- as early as age 60
- as late as age 70
- We discuss the profile of someone who might consider taking it early
- We discuss the profile of someone who might consider deferring the benefit
- Mark discusses how he advises clients who are making this decision
- Next week's episode will be on building a retirement income portfolio
Full Show notes and links to resources mentioned in the podcast can be found at https://walhoutfinancial.ca/insights/retire-me-episode-3-when-should-i-take-cpp