Business News
Submitted by: Glen Izzard, CIM; Investment Advisor, Portfolio Manager
One of the most common questions I hear from people approaching retirement is surprisingly simple: "When should I start taking my CPP and OAS benefits?"
Most people assume the answer is straightforward. After all, you've worked hard, paid into the system, and reached retirement age. Why not start collecting right away?
But what if waiting could significantly increase the amount you receive for the rest of your life?
For many Canadians, the decision of...
Submitted by: Glen Izzard, CIM; Investment Advisor, Portfolio Manager
Imagine you're standing at a train station.
One track offers a guaranteed ride to your destination. The other hands you the keys and says, "You drive." Neither choice is automatically right or wrong. But choosing the wrong one for your situation could have a significant impact on your retirement.
This is the decision many Canadians face when they leave an employer that offers a defined benefit pension plan. At that point, they are...
