Quote:
Originally Posted by noclue
Is the strategy of taking the CPP early with the penalty still advantageous? Present value of money and you could drop dead before 65.
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If you expect to live to 85 (average is about 81-82, higher for women) then it's best to defer it till 70.
Ref: https://boomerandecho.com/take-cpp-at-age-60/
Ref: https://en.wikipedia.org/wiki/List_o...ife_expectancy
You can look at this table to figure out how many more years you might expect to live based on your current age - it says I've got 30 more years left (I'll make it to 80) right now.
Ref: https://www150.statcan.gc.ca/t1/tbl1...pid=1310013401
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