Should You Delay CPP and OAS (EP 43)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedDeciding when to start CPP and OAS may be one of the most important retirement income decisions Canadians make.In this episode of Retiring Canada, we walk through several real world scenarios where delaying government pensions created significant long term planning value.You will learn how CPP and OAS timing decisions impact taxes, retirement income, OAS clawbacks, and estate planning. We also discuss the importance of the “tax valley,” why some retirees may benefit from drawing down RRSPs early, and how delaying pensions can help create larger guaranteed lifetime income streams.We also cover why there is no universal answer when it comes to pension timing and how proper retirement planning should consider your entire financial picture, not just investment returns.This episode is for Canadians approaching retirement who want to make more informed decisions around CPP, OAS, taxes, and long term retirement income planning. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!EPISODE RESOURCES:📊 Work with Michael: https://fundamentalwealth.ca/get-started💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca