Today we will explore investing fore retirement. We will talk about the Canadian pension plan and look at my personal pension form work. We will also discuss why it is important to make your own personal pension.
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Just a reminder, CPP takes out your lowest 8 years when calculating your CPP benefit, which for me is great as I didn’t start hitting the max contribution until I was 30. So I only have a handful of years which aren’t the max.
So from what I know about you from your videos, you will have:
OAS + CPP + Defined Pension + RRSP + Rental Income + TFSA …. Great job Sir!!
Thx for the vid. Love using the RRSP for my US dividend stocks.