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

The pros and cons of using life insurance to fund education costs

September 22, 2025 - Andrew Feindel shares how he has used life insurance for some clients to help save for their children’s education.

1 minute read

2025

In a world of creators, here’s how advisors can help clients protect their intellectual property

September 9, 2025 - Rebecca Broadley highlights how clients, especially content creators, hold valuable intellectual property and why it’s so important to protect it.

1 minute read

2025

How the sandwich generation can ensure a secure future across generations

September 3, 2025 - Susan Daley shares how open conversations and early planning can help the “sandwich generation” navigate this challenging life stage.

1 minute read