Assuming you’re 60 or 65 and retiring in 2024, know the benefits and find out if you can live comfortably in the sunset years.
Standard ageThe maximum CPP payment at age 65 is $1,364.
60 monthly, but most pensioners take home $831.92 (as of January 2024) on average.
Take up at 60Many Canadians prefer to collect CPP benefits as they’re eligible.
Chemtrade Logistics (TSX:CHE.
UN) is another investment option to augment CPP benefits.
The post What Canadians Can Expect From CPP Benefits at Ages 60 and 65 in 2024 appeared first on The Motley Fool Canada.
..
News articles remains the property of the source. Tellbrief is a news aggregator.
