Average CPP Benefits at 60, 65, and 70: How Much Will You Get?

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Are you leaving money on the table with your CPP? Well the majority of people are. The average Canadian is getting 40% less than the maximum payout.

At Blueprint, we’ve helped a lot of Canadians optimize their CPP payouts. In this video, I’ll explain the average and maximum CPP payouts at ages 60, 65, and 70 and I’ll share some strategies to help you get closer to the max amount. Plus, I'll guide you on how to estimate your CPP benefits to see if you’re on track.

Links:
Get our retirement tax saving guide here: https://blueprintfinancial.ca/retirem...
Link to the blog post: https://blueprintfinancial.ca/average...

Chapters:
00:00 Introduction
00:37 Average CPP Payout at 60, 65, and 70 in 2024
02:02 Key Factors Determining Your CPP Benefits:
04:54 Ways to Increase Your CPP Payments
07:47 How to Estimate Your CPP Benefits in Retirement
10:12 Delaying Age of CPP

Disclaimer: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Neither Christopher Liew nor Blueprint Financial provide specific investment recommendations. For investment advice, please consult a registered professional. This channel is not responsible for any investment actions taken by viewers based on these videos.