THE TIMES (AND MY RETIREMENT), THEY ARE A CHANGING

摘要

There are some basic reasons to consider taking early CPP benefits:rn1) Anything can happen. Even those of us lucky enough to have a family history of longevity know that life isn't certain, and a bird in the hand is worth.. .well, about $2.29 a pound at Safeway, but I digress. Although the new crossover age is only 74, it is important to remember that that is 14 years before a break even date is reached.rn2) Time value of money. For ease of calculation, we didn't include the potential income that could be generated by the money received from CPP over the five years between age 60-65.rn3) Once in place, it is very hard for future 'proposals' to impact upon your benefits. Considering the large percentage of the population who are entering retirement age, we are sure that this will not be the last bit of tinkering we see with our CPP benefits.