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If you take CPP at age 60, you will lose 36% of your benefits — but there are 8 instances where claiming early actually makes a lot of sense. How many apply to you?
If you’re planning to take CPP early, you’ll reduce your monthly cheque by up to 36%. So why would anyone want to do that?
As you can see, the person taking CPP at 65 is already profiting by age 74. And with the average life expectancy in Canada being 82 years, there’s good reason to think you’ll still be alive and ...
The share of seniors aged 65 and older has steadily increased over the past 20 years, rising from 13 per cent in 2005 to about 19 per cent in 2025. Statistics Canada modelling suggests that it could ...
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