The Canada Pension Plan (CPP) is a cornerstone of many Canadians’ retirement plans. It is payable for life and indexed for inflation. While full retirement benefits are payable at age 65, you ...
Many Canadians choose to begin receiving payouts at age 65. Your monthly CPP retirement pension benefit amount largely depends on three main factors: your age when you begin receiving benefits how ...
Taking CPP at age 60 results in you receiving far smaller monthly amounts that you’d get if you waited until age 65 or 70. Additionally, the cumulative amounts of CPP received over a typical ...