Pension Solutions Canada
155 King Street West l9h1v3 Dundas, ON, Canada

A common question we get here at Pension Solutions Canada is "When should you start taking your CPP or OAS?" Watch the video below. https://www.youtube.com/watch?v=NViw7fi3ees... First, you will receive the maximum CPP if: 1. You contribute the maximum for at least 39 years 2. You start CPP at age 65. So, at what age is best for you? Consider this: CPP drops to about $10,000 / year at age 60 but doubles to about $20,000 / year at age 70. Do the math! In an ideal world, a couple could draw $20,000 x 2 from age 70 PLUS $10,000 each for OAS. That’s $60k in government guaranteed, inflation protected pensions from age 70. Don’t forget, you’re expected to live well into your 80s. The team at Pension Solutions Canada is here to help. We specialize in helping individuals prepare for retirement and understand their pension options. Let us assess and review your income streams in retirement and help you with retirement planning. Call us at 1-888-554-6661. -- Bruce Youngblud, CFP, CIM Pension Solutions Canada 1-888-554-6661

The ULTIMATE Canadian #Retirement Guide 2021: https://pensionsolutionscanada.com/retirement-planning-in-/

5 Reasons To Take Your Pension’s Commuted Value As A Lump Sum. https://pensionsolutionscanada.com/5-reasons-to-take-your-/

Pre-Retirement Checklist: 25 Important Things To Consider Before You Retire https://pensionsolutionscanada.com/pre-retirement-checklis/

Let’s talk about retiring allowances. Some of you are being offered $40,000 to retire. How can you avoid paying tax on that income? There are 2 answers! View our blog post below: https://pensionsolutionscanada.com/retiring-allowances/

Do You Really Need An Emergency Fund? Some may question the necessity of an emergency fund. After all, is it really necessary? How do you go about it? Does it need to be a huge amount? Here are some ideas and suggestions that should help answer these questions:... https://pensionsolutionscanada.com/do-you-really-need-an-e/ See more

Retiring? Hire me to coach you thru the process. We're seeing very large cash surpluses right now. We're only paid by the investment or insurance company, never you.

Bruce Youngblud shares the latest updates on changes coming DECEMBER 1, 2020 to commuted value pension calculations and how it impacts your pension if you are retiring soon. Details: https://pensionsolutionscanada.com/revised-cia-standards-p/

Thinking of retiring soon? Before you pull the trigger, make sure you have a plan! To help, we’ve compiled a list of 20 questions you should ask yourself before you retire. Click below. https://pensionsolutionscanada.com/20-questions-to-answer-/

Quiz time! What are your goals for retirement? What are your hopes and dreams for the years ahead? ... Take some time to think about these questions so that when the time comes, you can enjoy your retirement years as much as possible! Where do you want to live in retirement? Do you plan to stay in your current home or move to a new area? If so, where? And what type of community will you choose? Will you stay in your home, move to an assisted living facility, or opt for another alternative such as a retirement community or an independent-living residence? How will you use your time during retirement? Do you plan to travel, volunteer, join clubs and organizations, spend more time with family and friends, pursue hobbies, or do something else entirely? Next, download our free Estate Planning Worksheet here: https://pensionsolutionscanada.com/estate-planning/ Finally, call Pension Solutions Canada today at 1-888-554-6661 to book a free call with one of our Certified Financial Planners.

Quiz time! When it comes time to pass on, what would you like people to remember about you? Do you want to be known as a generous person that gave to charity? Think about what kind of legacy you want to leave behind besides financial contributions. This could be something as simple as having a beautiful garden for everyone to enjoy. Whatever it is, write it down so that you can work toward achieving it. Next, download our free Estate Planning Worksheet here: https://pensio...nsolutionscanada.com/estate-planning/ Finally, call Pension Solutions Canada today at 1-888-554-6661 to book a free call with one of our Certified Financial Planners.

If you had a large lump sum of cash right now, what would you do with it? The reason you would want to take the commuted value of your pension rather than the pension itself is that there are a few things you can do with that lump sum of cash to use it to your advantage. We’ve compiled a list of our 5 top reasons to take your pension’s commuted value as a lump sum: https://pensionsolutionscanada.com/5-reasons-to-take-your-/

Do you plan on retiring soon? If so, you will need to have a plan for how you will make the most of your retirement years. Retirement planning isn't as simple as saving a little bit each month and calling it good. There are a lot of steps that go into planning for your retirement. Here is a helpful list of 25 things to consider before you decide to retire: https://pensionsolutionscanada.com/pre-retirement-checklis/

Are you retiring. Let us work with you to maximize your pension income and minimize your income tax bill.