Do you know someone elderly who has no life insurance benefits planned?
That elderly person could be you yourself, your Mom or your Dad or a relative or a friend.
If answer is Yes, than we can help you or that individual to set up a simple life insurance plan that takes care of final expenses and other related cost such as hospital bills, other left over debt such as credit card bills, etc. when the time comes......(Read More)
Tips for Seniors:
Senior Early retirement by industry
In line with the trend towards early retirement in the public sector, the highest early retirement rates are found in utilities, public administration, and educational services, with five-year average rates of 78%, 64%, and 63%, respectively. Agriculture exhibits the lowest early retirement rate, at just 4%.
How do I decide when to take my retirement pension?
* Whether or not you still earn an income and contribute to the CPP;
* How long you have contributed;
* How much you have contributed and the amount of pension you can expect to receive;
* Your other retirement income;
* Your health; and
* Your retirement plans.
What happens if you don't work after the age of 60 and delay receiving your pension until you turn 65?
For many in this situation, the extra five years of no earnings will lower the amount of CPP retirement pension payable at age 65. This is because the period you are expected to pay into the CPP continues until you start receiving your retirement pension. For this reason, you should carefully consider your personal situation when deciding when to start your CPP retirement pension.Early retirement trends
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If you have any further query, please feel free to contact Canada insurance Plan.
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