Understanding Government Benefits Blog Articles

  • Home
  • Understanding Government Benefits Blog Articles
Retirement Income Planning, Calgary
  • Nov 21, 2020
  • Willis Langford

Should You Take Your CPP Early? - Before You Do, Read This!

It's a question we get asked often: Should I take my CPP at age 60 or wait? The short answer is NO, the long answer is YES. Consider some of the following in making your decision. 1. ) If you are still working, will the additional income. . .

Flat-Fee Retirement Income Planning, Calgary
  • Nov 18, 2020
  • Willis Langford

Everything You Need To Know About GIS

What you need to know about GIS - The Guaranteed Income Supplement   This program is to ensure that every senior has a minimal amount of income. Based on the level of reported taxable income for Canadians over age 65 and receiving. . .

Retirement Income Planning, Calgary
  • Oct 31, 2020
  • Willis Langford

3 Examples of When it Makes Sense To Delay Collecting CPP?

In many cases, it makes sense to take CPP at age 60. Remember, if you take your CPP at age 65 you get 100% of your entitlement. If you take it at age 60 your benefit is reduced by 36% (. 6% for each month) If you delay taking your CPP to age 70, you. . .

Retirement Income Planning, Calgary
  • Oct 29, 2020
  • Willis Langford

Over 65, Collecting CPP and Still Working? Why It Makes Sense To Keep Making Contributions

If you are between the age of 65 and 70 and still working you have an opportunity to continue to contribute to CPP and earn as much as 18% returns on those contributions as Post Retirement Benefits - guaranteed and indexed for the rest of your. . .

Retirement Income Planning, Calgary
  • Sep 22, 2020
  • Willis Langford

Are CPP Contributions Worth It for the Incorporated Business Owner?

Are CPP Contributions Worth It for the Incorporated Business Owner? A Case Study in the Cost/Benefits Analysis of business owners making CPP Contributions Current Situation with new 2021 numbers  The CPP program is a pension plan that was. . .

Retirement Income Planning, Calgary
  • Aug 31, 2020
  • Willis Langford

What Happens To Your CPP & OAS if You Retire Outside Canada?

Many Canadians are choosing to live in another country during retirement. So what happens to your government pensions if you decide to move to a warmer climate outside of Canada? It depends on how long you lived and worked in Canada. . . .

Latest Testimonial

Partnering up with Willis & Nancy for our retirement goals has been the best decision we have ever made.

Previous agents or companies only seemed interested in obtaining funds from us with no further support or contact.

Willis & Nancy have worked with us at least twice a year to make sure we are set up for success. They have been able to provide us with a visual picture of where we currently stand financially in order to determine if we are ready to retire or need a few more years. It has alleviated the stress we were feeling about retiring and having no idea of what that would look like.

For the first time, we feel confident that when we make that final decision we will be able to continue on and be financially and mentally prepared.

Deb & Garry

Debbie & Garry
Long-term Clients

Contact Us

Questions? Comments? Call us today at 587-755-0159 or fill out the form below:

Have Questions? Call Us Today At

Call Us

Join Our Newsletter



Subscribe