August 15th Case Study: When Should You Take Government Benefits?

When should you be taking CPP and OAS? It depends. In this workshop we’re going to look at two scenarios: a couple both 61 with a pension and $2,000,000 of financial assets and a 61 year old individual with $182,000 of financial assets and no pension. We’ll highlight how the Adviice platform can help each of these individuals see the pros and cons of taking CPP/OAS early or later. We’ll also look at how other benefits like the Guaranteed Income Supplement might be affected.
Disclaimer: This video is for educational purposes only and does not constitute investment advice or financial advice. All information provided is for illustrative purposes only and you should not rely on such information as the primary basis of your investment, financial, or tax planning decisions. Every effort has been made to ensure the accuracy of its contents. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations provided. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or recommendation, to buy or sell any financial product or securities. Before making any financial decision, you should review your situation with a financial planner