Thinking about taking CPP early to avoid selling stocks at a loss? Proceed with caution

The Globe and Mail
May 5, 2025.

Andrew Feindel, Senior Wealth Advisor at Richardson Wealth, says early CPP might make sense “if someone is fully invested in equities and needs immediate cash. But they shouldn’t have been in that situation to begin with.”

He adds that retirees with balanced funds may have other options, such as selling more of the portfolio than needed and reinvesting the rest to rebalance the asset mix.

Related articles

2025

'Tis the season: How to make philanthropy part of your financial plan

December 3, 2025 - Philanthropy can enrich your life and align your finances with your values when approached with purpose and proper planning, writes Diana…

1 minute read

2025

Did you win some lotto money? Here are the first five things you should do

November 19, 2025 - Whether it’s $50,000 or $5 million, sudden windfalls of wealth bring both opportunity and risk, writes Ida Khajadourian.

1 minute read

2025

Giving back a key factor for women as their wealth rises

December 2, 2025 - The uptick of philanthropic giving by women reflects more than a financial trend – it signals a cultural shift. Charitable giving…

1 minute read