The Value of Advice – Understanding CPP

Taking steps to understand CPP is important to a successful retirement. PMG’s research has shown the right financial advice delivered at the right time can have a meaningful impact on client outcomes in retirement. And one of the key advice factors is understanding how CPP works. Whether you are learning about retirement or starting to prepare for retirement, it is a reminder of the importance of saving a portion of income today to fund retirement tomorrow. And, as importantly, reinforces the critical value a financial advisor can deliver in building and executing a retirement income plan that optimizes CPP as part of a broader retirement income plan.

The infographic presented below highlights additional advantages that come with receiving advice on how CPP works.

You can unlock this primary study and more with a PMG MarketMine subscription, available to Canadian Financial Institutions.