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.