How much will pension Canada pay you? Is that Enough?
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- čas přidán 7. 07. 2024
- Get clarity from expert on pension and retirement planning, we will cover what are the ways you can plan an effective retirement and financial plan to grow your wealth.
✅Reach out to Shabana Hasan: information.ask.2k@gmail.com
✅Canada Pension Income Calculator: srv111.services.gc.ca/general...
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0:00 Highlights
01:15 Introduction
5:30 Types of Benefits
9:00 Eligibility
10:50 Value
12:50 Reliability of Pension
15:30 OAS
21:30 GIS
24:45 Retirement Planning
32:00 Things to Consider for Retirement
34:00 RRSP
35:50 Capital One
37:50 Tax Saving
40:45 Old Age Medical Expenses
41:40 RRSP WithDrawl
43:40 Need for Financial Advisor
44:45 Wealth Transfer to Kids
49:00 RRSP vs. TFSA
54:00 End
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Extremely helpful and informative. Loved how she explained everything in detail. Everyone should watch this video to understand the basic concepts/elements of financial planning.
Thanks....
That is why Canadians are leaving Canada in mass.
Honestly this video has such life changing advice.
Thank you for such knowledge. Especially for our community we need it more than anyone.
Thanks for your support
There are too many taxes in canada, and they don't stop even after retirement ..... the system doesn't promote the middle class ....very sad
I would say the system doesn’t promote the salaried class…
In Canada you will always remain middle class all your life with so many taxes
That's what makes Canada the best ... in other countries there is a huge gap between rich and poor ... middle class is disappearing ... but ... Canada has maintained this balance, and that's good for everyone if you think as a nation, not individually.
Very informative post… Thank you 🙏
I learned a lot from this, thank u very much 😊
Thanks,,,,
Life insurance is also a separate and detailed
topic
Agree there is a separate detailed video on insurance
Nice
Very helpful very informative
Thanks 🙏
GREAT VIDEO
Thanks
Very informative video in hindi language. Thanks.
Thanks for your support
Very good information
Thanks..
There should be separate detailed sessions for oas, gis, cpp, tfsa etc
Agree have covered some of these topics in separate videos on the channel and will keep covering more
Nice video, very informative! 😊
Thanks,,,
It would have been better if you had added links as well btw very insightful....
Also link added.
Great info 😊
Thanks..
V. imp.information,keep it up👍
Pls.share what about the house wifes which are dependent on their husbands due to some reasons.They are eligible for pension and OAS or etc.
Best to reach out to Shabana directly... information.ask.2k@gmail.com
I have a question about CPP, lets say someone never worked or did a job to contribute to CPP; what about him at his retirement age 65 and when he will get CPP or not?
Short answer is no cpp…. But I would highly recommend to use the cpp calculator….
What about RRSP or joining companies with a private pension. It was never meant to be enough.
Yes typically those company plans (dcpp) are far more lucrative / better…
Really nice podcast ,just hv Question how should i chk my contribution in CPP till date
Thanks…. That’s number you can find in your tax returns…
Take your pension go live in Bangladesh 😊
Nothing new in this video. Everything you can find go on Canada pension plan. And will get every answer
If someone is planning to stay in Canada for 4-5 Years, should he opt for TFSA account ?
Yes in that case it’s best to only hold tfsa
Mark, my words. A pension after retirement is not even enough to buy good-quality food for a month. Period.
Exactly…
That's true
Go and work, stop complaining.
@@kamkala7047, I hope you keep working all your life for corporations and keep making them rich. It is not about complaining but about overall balance.
What will happen if i retire before 60 years old.?
You will need to rely on your savings and investments… govt pension will only kick in at 60
Canadian now living in india.new subscriber
Many thanks for your support.
If we left Canada after 5 years CPP contribution, then still we eligible for pension after 60 years?
Yes as long as you did contribute to cpp… now issue is contributing only for 5 years will only leave you with a few dollars as cpp payments
If we invest 20000 amount from TFSA for a 1yrs its good or not
Can you share more details to your question… you want to transfer into tfsa 20k or you have 20k in tfsa and only want to invest for 1 year and then take it out ?
I have 20000 in my TFSA since 3 yrs so i want to invest them in some others ways at least i can receive some profets
@rukhsanashaukat7472 I would keep it in tfsa but invest in stocks like done leave it as cash…
I would buy vsp.to (S&P 500 index) in small increments over next 6 months using that 20k…
Government pay ccp of my wife only 178/- only
Yup that is so so low doesn’t help with cost of living
Hello I was disabled government has AISH and CPP and retired after 65years now government has 2800 after 65years how much pay me please explain and my 60 years retired reason of she help me for dialysis and other medical care
I am not fully clear on your question but if you want to know the exact amount you should expect to receive then go on to the calculator link I have shared in the description of this video
Where are you located
Used to be canada… recently moved to usa with our jobs
If any body have visit visa for 7 years and he is in canada for 55days going back to home country soi want to know about PR how and when apply for this ? is it possible to get urs contact no pl give me for further information if u do not mind
Hi I highly recommend you consult an immigration consultant… the one I recommend I have left there contact details under my immigration related videos I strongly suggest you reach out…
Here is the contact email: information.ask.2k@gmail.com
Thanks for reply and information😊
Mujhy tu nhi milta kuch bhi
You should certainly talk to a financial advisor and see why not and how to
She is very confused and doesn't know anything, even contradicting herself and giving wrong information.
Can you say exactly which part… like any one example…
@@NorthAmerican-Desi For example, when you inquired about which income will affect the Old Age Security (OAS) payment amount, she stated that the amount you had been earning before retirement would impact it. This is incorrect. The OAS payment amount is influenced by your income from the year you turn 65 if you are receiving it at age 66, and by your income from the year you turn 66 if you are receiving it at age 67. Pre-retirement income does not affect OAS payments.
Please explain if I leave canada after being here for 10 years, will I get OAS? Is it mandatory to be a Canadian citizen?
If you've lived in Canada for at least ten years after turning eighteen, you may be eligible for the Old Age Security (OAS) pension, even if you leave Canada. Being a Canadian citizen is not mandatory to receive OAS, but you must meet the residency requirements. If you live outside of Canada, you need to have lived in Canada for at least twenty years after turning eighteen to continue receiving OAS payments abroad.
Shabana contact number
Information.ask.2k@gmail.com