Ep 41 Retirement closer than we think?

The idea of retirement might be different but work optional is something many of us strive to. 

Find your estimated CPP amount: https://www.canada.ca/en/services/benefits/publicpensions/cpp/retirement-income-calculator.html

The standard age to start receiving CPP benefits is 65, but you can wait begin your Canada pension plan as early as 60 or as late as 70. It's important to be aware that if you choose to take CPP as soon as you are eligible, you'll experience a reduction of 7.2% for each year prior to turning 65. There's no benefit to wait after age 70 to start receiving the pension.

Retirement saving can be as small is $25/week to give you some consistency and momentum. Everyone that has an RSP matching should participate.

Retirement calculator: https://www.calculator.net/retirement-calculator.html

Join the 5 day Back to School Grocery Challenge: https://www.lindsayplumb.com/backtoschoolgrocerychallenge

Get a KOHO Card, make a purchase over $5 + get $20 FREE: https://web.koho.ca/referral/MMF3Z33M