Too bad most people are not taking advantage of all the valuable information you provide for free here. Your service is much appreciated and I learned a lot from your other episodes as well.

I do wish there was more info on taking it early due to many zero years.

Y'all should do this for US Social Security.

@andrewfriedrichs9340

2 ай бұрын

True, but I think the outlook for SS would be much more depressing

Regarding the two different kinds of indexing that affect CPP benefits (the wage growth indexing before retirement, and the CPI indexing after retirement) how does that square with commonly quoted information such as the maximum monthly CPP amount being $1,364.60 in 2024? Is that number relevant for the specific people who pulled the trigger and retired in 2024? Is each annual cohort of CPP retirees working off a different maximum and a different scale, depending on the calendar year in which they retired? And are those numbers easily accessible online?

Massive thank you for taking the time to address the sibilance issue! Apologies for the spam on those two episodes. And apologies for not providing specific EQ suggestions - not an audio specialist.

There is a table in the OSFI actuarial report on the CPP that showed that current CPP benefits will exceed current contributions in the next few years. The shortfall will be made up by earnings generated by the reserve.

I do wish there was more info/math on taking it early to avoid including more zero years.

Great video. Thank you for this info much appreciated!

Did you guys cut the Meir Statman discussion? I was in the middle of watching it when it got removed from the episode :(

@robertwright8844

2 ай бұрын

They reposted it this morning as its own video!

For a futur video, would it be possible to address the volatility risk premium and the viability of including it in a portfolio for a long term investor? Specifically by using shorted volatility indices? Loving the content, I've learnt so much!

how do I learn more about that RESP bit by mark?

Great video! Can you guys talk about why the Fed has a fixed 2% inflation target, instead of a more flexible target?

What happened to the Meir interview in the middle of the episode?

@rationalreminder

2 ай бұрын

Prof. Meir Statman: A Wealth of Well-Being | Bonus Episode kzread.info/dash/bejne/c2yF062JlrSsedo.html

YMPE historically outpaced inflation....maybe? what's the time frame? It certainly doesn't feel like the last 10 years that was the case, I would like to see some data on that assumption. Once you take CPP you get inflation increases so 3%, vs 1% wage inflation? However 80 seems a reasonable guess at when CPP delay gets ahead.

@chrisjeanneret5091

2 ай бұрын

I would agree. I did some research on YMPE to understand my DB pension, and based on the StatsCan average weekly earnings tables YMPE is now only outpacing inflation by about 0.5%. Both figures are all over the place in the last four years.

For certain low-income individuals (I'm talking someone below 19,000 retirement income), wouldn't it make sense to take the CPP as early as possible? The GIS and OAS will make up for less amount of CPP they would be getting if they opted for 60 VS opting for 65.

@rationalreminder

2 ай бұрын

If I remember correctly, we did talk about this. I agree. -Ben

@freedomlife3623

2 ай бұрын

I think those are not this channel’s target audience.

...ugh, who voted for these acronyms! Thankfully the US system is so much clearer... * gulp *. 😉