The Canada Pension Plan (CPP) is income for life once the monthly pension payment begins, whether at age 60, 65, or later. This taxable benefit replaces pre-retirement income, but not all of it.
CPP alone is not enough for Canadian retirees. Here is a way to create a supplement CPP that helps you meet your expenses.
A monthly dividend can be an excellent way to supplement your Canada Pension Plan (CPP) in retirement. That income provides predictable, steady cash flow that aligns with how most expenses occur: ...