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Preet Banerjee

Personal Finance columnist

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Taking CPP early can reduce your monthly benefit by 36%

TheCanada Pension Plan(CPP) pays you a monthly benefit for life, with a standard start age of 65. However, you can elect to start payments as early as age 60 in exchange for a reduction in your monthly payment.

Oct 21, 2015

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Preet Banerjee is a consultant to the financial services industry. You can follow him on twitter at  @PreetBanerjee. You can find his conflict of interest disclosure on his website.

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