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Taking CPP At 60 & Delaying RRSP Withdrawals Until 70...Is This A Smart Strategy?

Автор: Parallel Wealth

Загружено: 2021-06-09

Просмотров: 20070

Описание:

Our free retirement ready e-book: https://www.parallelwealth.com/youtub...

On a recent video, we received a comment that discussed a strategy of taking CPP early and delaying RRSP withdrawals until later. In this video, we'll go through the numbers behind this strategy, and you'll realize that it could cost you around $156,000 of income!

•••••

If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services.

➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning
➡️Retirement Income Program™: https://www.parallelwealth.com/invest...
➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education

Additional 3rd Party Links and Resources:
🔗️Retirement Income for Life: Getting More without Saving More (Second Edition): https://amzn.to/3tvIdVN
🔗️Free Credit Report with Borrowell: https://bit.ly/borrowellPWFG
🔗️CPP Calculator: https://research-tools.pwlcapital.com...

The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each product and service we provide links to.

TIMESTAMPS:
0:00 - Proposed Strategy
1:31 - Background Information
2:18 - CPP At 60
5:13 - CPP At 70
7:24 - Summary

•••••

DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes.

The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content.

Taking CPP At 60 & Delaying RRSP Withdrawals Until 70...Is This A Smart Strategy?

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