I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you'll need to make these 3 big sacrifices

As of January 2025, the maximum monthly amount you can get, if you started collecting CPP at age 65 is $1,433.00. Doesn't sound like a lot, but it gets worse. Turns out most Canadians don't even get the maximum amount of monthly CPP income. For instance, in October 2024, the average monthly CPP payment to anyone aged 65 and just starting their retirement payments was $808.14.

Read More

By submitting this form, you consent to receive updates and promotional offers from us via email, text messages, and phone calls. Consent is not a condition of service. To unsubscribe, click 'Unsubscribe' in emails, reply 'STOP' in texts, or inform us during calls. For more details, please review our Privacy Policy

Submit