If you delay their start past
the standard retirement date — which is generally 65 — your Old Age Security (OAS) entitlement increases by 7.2 % a year and your Canada Pension Plan (CPP) benefit gets bumped up by 8.4 % a year.
Not exact matches
While neither sister has a firm
retirement date in mind, they can expect their investment portfolios and generous public - sector pensions will provide a
retirement standard of living well above the average.
Then you'll learn how you can adjust the items that you can control, such as spending, tax management, investment risk, and your
retirement date, to maintain a stable life - long
standard of living regardless of other external factors.