Ep #92: Why Contributing to the Canada Pension Plan (CPP) is a Good Idea - with Jason Yee, CFA
beyond MD with Dr. Yatin Chadha
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Timing and Implications of Canada Pension Plan Benefits
This chapter explores the optimal timing for starting Canada Pension Plan benefits, comparing the pros and cons of beginning at age 65 versus delaying until age 70. It highlights important factors such as risk management, guaranteed income, and inflation, while using scenarios to demonstrate the potential impact of contributions on benefits for different age groups.
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