'When you see your grandma coming through the door, your great-aunt, that hits home and you realize everybody is affected,' the executive director of the West Island Mission said.
Yeah, I wish the article had more details about her situation. I don’t know when she’s talking about her “pension” if she’s talking about her total income, her QPP (maybe including her OAS & GIS?), her private pension, or something else.
I might also be wrong about this, but doesn’t that majorly screw you over? To collect your pension before 65?
This articles lays it out pretty well. It’s highly dependent on your personal situation, how long you think you’ll live. I do question her choice to start collecting at 60, but we don’t have enough info to judge if this was financially prudent, short-sighted, or just desperate.
Yeah, I wish the article had more details about her situation. I don’t know when she’s talking about her “pension” if she’s talking about her total income, her QPP (maybe including her OAS & GIS?), her private pension, or something else.
This articles lays it out pretty well. It’s highly dependent on your personal situation, how long you think you’ll live. I do question her choice to start collecting at 60, but we don’t have enough info to judge if this was financially prudent, short-sighted, or just desperate.