How To Calculate Your CPP Payment Accurately
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Figuring out what your CPP payment will be is an extremely complicated process, but these 3 calculators will give you a good idea of what it should be, assuming your situation is on the simpler side. If you are on CPP disability, the survivor pension, or have child dropout years, then these calculators probably won't be as useful. In those situations, it will be helpful to reach out to Doug Runchey for his services at https://www.drpensions.ca/
Calculator 1: https://www.cppcalculator.com/
Calculator 2: https://themeasureofaplan.com/canadia...
Calculator 3: http://www.holypotato.net/?p=1694
Doug Runchey's article on CPP's formula: https://retirehappy.ca/how-to-calcula...
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🔗️CPP Calculator: https://research-tools.pwlcapital.com...
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TIMESTAMPS
0:00 - Intro
0:44 - The Complexity of CPP
1:20 - Doug Runchey Article
2:44 - Calculator One
4:14 - Neo Financial
5:58 - Calculator Two
7:24 - Calculator Three
8:34 - Child Rearing Years
9:13 - We're Trying To Make One!
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DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes.
The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content.