Investment Success Stories Begin With The Right Plan and Advisor | Associate Investment Advisor, iA Private Wealth | HighLifeWorth™ Wealth Management
Thinking of retiring early? Taking CPP before age 65 results in a permanent reduction of your monthly benefits. For every month you take CPP before age 65, your benefits are reduced by 0.6%, which amounts to a 7.2% reduction per year. If you can comfortably support yourself without early CPP benefits, delaying might be beneficial. We can help you assess your current and projected financial needs; there is no one-size-fits-all answer.
