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🤗 Join over 370,000+ DIY Investors on the Blossom app (FREE) ➤ https://getblossom.onelink.me/SOfu/brandonbeavis In Episode 6 of our Second Act retirement series, we tackle one of the biggest questions facing Canadian retirees: When should you start taking your CPP and OAS? This episode breaks down: ✅ How CPP and OAS actually work ✅ How much you might receive (with 2025 estimates) ✅ The pros and cons of starting early vs. delaying ✅ Mistakes to avoid that could cost you thousands ✅ Tips for maximizing benefits based on your lifestyle, income, and health We also cover survivor benefits, disability provisions, working while collecting, clawback rules, and the role of international work and residency in qualifying for benefits. 👉 Don’t leave this decision to chance. Get informed, and get it right. #CPP #OAS #RetirementPlanning #CanadaPension #SecondAct #HarvestETFs 💡 Plus, learn how to fill the income gap if you delay CPP or OAS—with help from our sponsor and partner, Harvest ETFs. Learn More: https://harvestportfolios.com/ Harvest Diversified Monthly Income ETF: https://harvestportfolios.com/etf/hdif/ Harvest Balanced Income & Growth ETF: https://harvestportfolios.com/etf/hbig/ 0:00 Intro 0:45 Canada Pension Plan (CPP) 1:38 Contributory Period 2:27 Drop Out Provisions 4:37 Pensionable Earnings & Contribution Rates 7:27 How Much Does CPP Pay? 9:25 Working While Collecting / Post-Retirement Benefit 10:24 CPP Survivor Benefit 11:38 CPP Death Benefit 12:48 CPP Disability Benefit 13:45 CPP Children's Benefit 14:07 Old Age Security 14:33 OAS Living or Outside of Canada 15:24 How Much Does OAS Pay? 15:52 Working Outside of Canada 16:38 Agreements with Other Countries 17:09 Retiring Abroad 17:59 OAS Clawback 18:39 Guaranteed Income Supplement (GIS) 20:22 Harvest ETF Solutions 22:09 Reasons to Take Early 25:14 Reasons to Delay Starting 28:33 Common Mistakes 📌 LINKS: Government of Canada Pension Hub https://www.canada.ca/en/services/retirement.html Canada Pension Plan https://www.canada.ca/en/services/benefits/publicpensions/cpp/apply.html Canada Pension Plan Post-Retirement Benefit (PRB) https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-post-retirement/apply.html Canada Pension Plan Death Benefit https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-death-benefit.html Canada Pension Plan Disability Benefit https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-disability-benefit/apply.html Old Age Security https://www.canada.ca/en/services/benefits/publicpensions/old-age-security/apply.html Guaranteed Income Supplement https://www.canada.ca/en/services/benefits/publicpensions/old-age-security/guaranteed-income-supplement/apply.html Lived or Living Outside Canada https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-international/apply.html ----------- 📥 Subscribe to the Pulse Newsletter for Weekly Market News ➤ https://thepulse.beaviswealth.com/ Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandon Instagram ➤ https://bit.ly/3Oechgh LinkedIn ➤https://bit.ly/3RLndF7 Website ➤ https://www.beaviswealth.com ----------- 🏦🇨🇦 Sign Up Bonuses 💰💸: ► Wealthsimple Trade ($50 cash bonus) - wealthsimple.sjv.io/Vmome3 ► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - wealthsimple.sjv.io/oqQqKm ► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s ► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances. Business Inquiries: [email protected] ----------- Beavis Wealth Disclaimer: 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.