4 Advantages to take CPP at age 60 | Canada Pension Plan Explained

4 Advantages to take CPP at age 60 | Canada Pension Plan Explained
Schedule an appointment here: https://meetings.hubspot.com/david-aaron

The Canada Pension Plan CPP was created to provide income assistance during retirement. If you qualify, income can start as early as age 60 with a 36% reduction of income, and can be delayed until age 70 with an increase of 42% in income.

In this video, we examine 4 Advantages to take CPP at age 60. Everyone's individual situation must be considered before adopting any of the advantages of taking CPP at age 60.

Video Timestamps:
00:00 Introduction
02:26 CPP Overview
04:41 CPP Breakeven Point
05:25 Advantage #1 to take CPP at age 60
05:47 Reason why to take CPP at age 60 - You Need the Money
06:09 Reasons why people retire early
08:37 Show Me the Money!
09:12 Longevity
10:41 Avoiding OAS Clawback
12:20 Seeing the Outcome before you commit to them
12:31 Financial Dashboard

Download your Personal Records Organizer here:
https://aaronwealthmanagement.com/you...

If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to schedule your confidential meeting with me.  You can schedule your meeting here: https://meetings.hubspot.com/david-aaron

➤ 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄 to our Channel here: http://bit.ly/2lPUJjA​​​

➤ Business Inquiries:
☎️ 1-866-623-8368
📥 [email protected]
🌐 https://aaronwealthmanagement.com/​​​
📅 https://calendly.com/davidaaron-canad...

⚡ Connect with David Aaron on Social Media
Facebook:   / aaronwealthmanagement  
LinkedIn:   / aaronwealthmanagement  
Instagram:   / bizwealthadvisor  
Pinterest: https://www.pinterest.ca/aaronwealthm...

Toronto | Mississauga | Oakville | Burlington | Brampton | Woodbridge | Vaughan | Richmond Hill | Newmarket | Thornhill | North York | GTA | Etobicoke | Markham| Aurora | King City

#cpp #earlycpp #retirementplanning