Most Canadians Get This CPP Decision Completely Wrong
Watch on YouTube: https://youtu.be/urC81HuxGHA
When is the best age to start CPP? In this 2026 guide, I break down the math between starting at age 60 vs. 70 and show you how a "Bridge Strategy" can help you maximize your guaranteed lifetime income.
Whether you are 45 and just starting to plan, or 64 and ready to pull the trigger, understanding the "math of timing" is essential. We explore the reality of CPP as a partial income replacement, the massive financial impact of delaying until age 70, and how to use your current portfolio to "bridge" the gap.
*Key Takeaways*
The Reality Check: Why most Canadians won't get the maximum CPP benefit.
The Timing Math: How waiting until 70 can increase your payments by 42%.
The Bridge Strategy: Using your investment portfolio to fund early retirement so you can delay CPP.
Monthly Income: A look at how Harvest ETFs (HRIF & HDIF) can help generate retirement cash flow.
Thank you to Harvest ETFs for supporting this educational resource. We take a look at how their Diversified Monthly Income ETFs can help retirees generate the cash flow needed to delay CPP and maximize their long-term guaranteed income.
Learn more about the funds discussed in this video:
*Harvest Diversified Equity Income ETF*
https://harvestportfolios.com/etf/hrif/?utm_source=BeavisWealth&utm_medium=Banner_&utm_campaign=2026
*Harvest Diversified Monthly HDIF*
https://harvestportfolios.com/etf/hdif/?utm_source=BeavisWealth&utm_medium=Banner_&utm_campaign=2026
*Video Chapters*
0:00 - The 2 Dangerous CPP Assumptions
0:48 - Reality Check: Is CPP Enough for Retirement?
1:42 - The "Base Layer" vs. Actual Cost of Living
2:33 - Why CPP Timing is a Critical Decision
2:57 - The Most Common CPP Mistake Canadians Make
3:32 - 5 Reasons People Take CPP Early
4:40 - The Math: Age 60 vs. Age 65 vs. Age 70
5:41 - CPP as "Longevity Insurance"
6:04 - Generating Retirement Income (Harvest ETFs)
7:43 - The "Bridge Strategy" Explained
8:59 - Converting Portfolio Income into a Lifetime Pension
9:33 - Summary: Your Most Important Retirement Decision
10:04 - Bonus: What Happens if You Retire Abroad?
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The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
