Canadian Money Forum banner
1 - 1 of 1 Posts

25 Posts
Dogger 1953

I'm not looking for exact calculations just idea whether early CPP or waiting to age 65 is better.

Some details -
Wife is aged 60 & not planning to work any longer.
She has 8+ years of no CPP contributions due to me being transferred around in my employment (so about 13 non contributory years at 65)
Based on family history she could easily be drawing CPP for 20 years +

I'm mainly not sure how taking a reduced CPP is offset by the affect of not contributing to CPP age 60 to age 65, especially when there are non-contributory years earlier in workig career.

1 - 1 of 1 Posts