Why You Should Delay Taking Your CPP

Only about 2% of Canadians delay taking their CPP benefits and I believe that a lot of Canadians could benefit from delaying this until after 65.
In this video, I try to reframe the way you view your CPP payments to understand how valuable it can be to delay.
There are certainly exceptions to this, so please consult your financial advisor before making this decision. However, if you'd like us to have a look at your scenario, please feel free to reach out to us at [email protected] as we'd be happy to help you decide how to structure your pension payments along with any assets you may have to maximize your comfort level in retirement.

Thanks for watching.

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DISCLAIMER: All content being published on this platform are for informational and entertainment purposes only, and do not constitute formal financial, accounting, nor legal advice. Kent Tilley does not hold formal education nor registry to be held accountable for any professional recommendations – those in need of formal financial advice/ planning must seek help from licensed professionals. Kent takes pride in the sense of freedom, satisfaction, fulfillment, and empowerment that financial competence that he has built through conscious management of his family’s money. With this, there is no guarantee that the overall content found here are appropriate or applicable for every individual. By proceeding, you agree to hold Kent harmless from any ramifications, financial or otherwise, that may occur to you by acting upon the information found on this platform.