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Why Your CPP Calculation Could Be Wrong (Top CPP Mistakes)

Are you aware of the risks of not planning your Canada Pension Plan (CPP) strategy before retiring? In this video, we dive into the crucial aspects of CPP, including the impact of choosing the wrong age to start taking your retirement benefits and how the variance of the amount received can impact your financial future. Learn why proper planning is essential for a secure retirement, the potential pitfalls of inadequate preparation, and how to make informed decisions about your CPP. Don't let these common mistakes jeopardize your retirement security—watch now to get the essential information you need! 🔹 RESOURCES🔹 Jason’s Website: https://www.evansretirement.ca/ Jason Retirement Checklist: https://www.evansretirement.ca/retire... (Blog) The Danger of the CPP Breakeven Calculation: https://www.evansretirement.ca/blog/d... (Blog) CPP: Why You May Get Less Than You Expect: https://www.evansretirement.ca/blog/w... 🔹 Video Chapters 🔹 0:00 Introduction 1:32 Who is eligible for CPP? Brief Overview 3:19 Recent CPP Enhancements & Increases 4:22 What is process for applying for CPP? 5:57 Dangers of the CPP Calculation 7:58 Trade off of taking CPP early (breakeven chart) 11:57 TOP CPP MISTAKE for those approaching retirement 15:20 Resources for CPP Calculation --------------- 📚 SUBSCRIBER GIVEAWAY: Not sure where to start—or if you’ve started, how to prioritize? Subscribers to the channel can grab this Free Insider’s Guide “It's Really not Rocket Science” - https://share.hsforms.com/1Cz3wU9C5ST... ✅ For more info visit: https://www.steadyhand.com/ 💬 What was your main takeaway from this video? Let us know in the comments below. And don't forget to subscribe to Steadyhand here ⤵ https://www.youtube.com/c/SteadyhandI... --------------- 🗓 Attend Our Webinar: Get To Know Steadyhand 🗓 https://event.on24.com/wcc/r/4256147/... --------------- 📍 Welcome to Steadyhand's official YouTube channel! Steadyhand is a Canadian investment firm that offers low-fee investments with easy-to-follow advice and a simpler, more human experience for all Canadians. On this channel, we produce jargon-free videos to help you stay informed & educated on relevant investment topics. We've been managing money since 2007 and over 4,000 Canadians have entrusted us with more than $1 billion in investments. Our clients enjoy direct access to world-class fund managers and a level of genuine financial stewardship that you just don't find at the big banks and brokerages. ➡️ Our straightforward lineup of funds, easy-to-follow investment advice, and candid reporting enable our clients to weather the ups and downs of the markets with confidence. We offer hands-on, personalized service, and are ultra-accessible. In short: Steadyhand offers Canadians a better way to invest! We hope you find the videos on this channel informative and if you are interested in the services we offer then please visit our website. If you enjoy the videos you see on this channel then make sure you subscribe and hit the notification bell so you find out as soon as we post a new video! 🔔 --------------- 📲 Follow Steadyhand on social media: Facebook ▶️   / steadyhandfunds   Linkedin ▶️   / steadyhand-investment-funds   Twitter ▶️   / steadyhandfunds   ✅ Subscribe to our Blog and Newsletter https://steadyhand.us3.list-manage.co... If you'd like to explore whether Steadyhand may be a good fit for you, reach out to us: 📞 1-888-888-3147 📧 [email protected] 🌎 https://www.steadyhand.com/contact/ 📍 Vancouver Office (1747 West 3rd Avenue Vancouver, BC V6J 1K7) 📍 Toronto Office (3690-130 King St W, Toronto, ON M5X 2A2) --------------- #Steadyhand #CPP #canadapensionplan #retirementplanning #retirementpreparation