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Should I start my CPP early? – Real-Life Examples (Updated)

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Manage episode 495004506 series 3460431
Content provided by Unconventional Wisdom & Advice Inc. and Ed Rempel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unconventional Wisdom & Advice Inc. and Ed Rempel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The most common CPP question I am asked is: “Is it smart to take my CPP early?”

The answer to this question is different for investors than non-investors, especially growth-focused investors like most of our clients.

In my latest podcast episode you’ll learn:

  • Why should you ignore “CPP breakeven” calculations?

  • Why are life expectancy stats understated?

  • What is the best way to estimate your life expectancy?

  • What happens if you are still working?

  • How does your tax bracket each year affect your CPP?

  • How does your CPP fit into your overall retirement income?

  • Who should take CPP early and contribute it to RRSP?

  • How does CPP affect the estate you leave for your kids?

  • Who should delay their CPP to age 65? Real life examples.

This is an updated post based on 2025 CPP amounts and expectations, and my latest insights.

  continue reading

142 episodes

Artwork
iconShare
 
Manage episode 495004506 series 3460431
Content provided by Unconventional Wisdom & Advice Inc. and Ed Rempel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Unconventional Wisdom & Advice Inc. and Ed Rempel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The most common CPP question I am asked is: “Is it smart to take my CPP early?”

The answer to this question is different for investors than non-investors, especially growth-focused investors like most of our clients.

In my latest podcast episode you’ll learn:

  • Why should you ignore “CPP breakeven” calculations?

  • Why are life expectancy stats understated?

  • What is the best way to estimate your life expectancy?

  • What happens if you are still working?

  • How does your tax bracket each year affect your CPP?

  • How does your CPP fit into your overall retirement income?

  • Who should take CPP early and contribute it to RRSP?

  • How does CPP affect the estate you leave for your kids?

  • Who should delay their CPP to age 65? Real life examples.

This is an updated post based on 2025 CPP amounts and expectations, and my latest insights.

  continue reading

142 episodes

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