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Building a Retirement Strategy Around Your Canada Pension Plan Statement of Contributions

Key Takeaways

  • Your statement shows your full contribution history along with an estimate of the monthly benefit you can expect at different ages.
  • CPP is only one part of retirement income; it works best when coordinated with RRSPs, TFSAs, workplace pensions, and business assets.
  • Few things strain a private company more than a disagreement between the people who own it. Whether the trigger is a partner wanting out, a death in the ownership group, a divorce, or a slow breakdown in trust between co-founders, the argument almost always comes down to a single question: what is the business actually worth? That question is rarely answered well by instinct or by a formula someone wrote into an agreement a decade ago. Our answer it defensibly, using re...

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