{"id":1090,"date":"2025-03-13T21:11:00","date_gmt":"2025-03-14T01:11:00","guid":{"rendered":"https:\/\/qa.yourwebsitebuild.com\/nia\/?p=1090"},"modified":"2025-12-01T15:17:41","modified_gmt":"2025-12-01T20:17:41","slug":"delaying-cpp-benefits-could-be-the-silver-bullet-for-retirement-nia","status":"publish","type":"post","link":"https:\/\/qa.yourwebsitebuild.com\/nia\/delaying-cpp-benefits-could-be-the-silver-bullet-for-retirement-nia\/","title":{"rendered":"Delaying CPP benefits could be the &#8216;silver bullet&#8217; for retirement: NIA"},"content":{"rendered":"\n<p>Dr. Bonnie-Jeanne MacDonald pointed to a prospective solution that could be the \u2018silver bullet\u2019 for retirement security:&nbsp;<a href=\"https:\/\/www.benefitsandpensionsmonitor.com\/pensions\/retirement-planning\/new-nia-report-reveals-why-canadians-claim-cppqpp-too-early\/389473\" target=\"_blank\" rel=\"noreferrer noopener\">delaying Canada Pension Plan<\/a>&nbsp;(CPP) and Quebec Pension Plan (QPP) benefits.<\/p>\n\n\n\n<p>MacDonald\u2019s research indicates that delaying benefits from age 60 to 70 can more than double a retiree\u2019s lifetime, inflation-indexed pension income. Yet, she highlighted fewer than 5 per cent of Canadians take advantage of this option as they typically wait until they turn 70 to claim, while 90 per cent claim by 65.<\/p>\n\n\n\n<p>\u201cThey&#8217;re losing about $100,000 in lifetime income by taking their benefits at age 60 instead of age 70,&#8221; said MacDonald, director of financial security research at the National Institute on Ageing (NIA), while she pointed to market price research for comparison.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Bonnie-Jeanne MacDonald pointed to a prospective solution that could be the \u2018silver bullet\u2019 for retirement security:&nbsp;delaying Canada Pension Plan&nbsp;(CPP) and Quebec Pension Plan (QPP) benefits. MacDonald\u2019s research indicates that delaying benefits from age 60 to 70 can more than double a retiree\u2019s lifetime, inflation-indexed pension income. Yet, she highlighted fewer than 5 per cent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"image":"<img width=\"750\" height=\"750\" src=\"https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo-750x750.png\" class=\"attachment-card-image size-card-image wp-post-image\" alt=\"BPM Logo\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo-750x750.png 750w, https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo-300x300.png 300w, https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo-150x150.png 150w, https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo-768x768.png 768w, https:\/\/qa.yourwebsitebuild.com\/nia\/wp-content\/uploads\/2025\/05\/BPM-Logo.png 1000w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>","link":"https:\/\/qa.yourwebsitebuild.com\/nia\/delaying-cpp-benefits-could-be-the-silver-bullet-for-retirement-nia\/","target":"","category":"<div class=\"category\">Income Adequacy<\/div>","date_formatted":"March 13, 2025"},"category":[5],"tags":[],"stake-holder":[16,14,15],"class_list":["post-1090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-adequacy","stake-holder-older-adult","stake-holder-policy-makers","stake-holder-sector-organizations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Delaying CPP benefits could be the &#039;silver bullet&#039; for retirement: NIA - NIA<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delaying CPP benefits could be the &#039;silver bullet&#039; for retirement: NIA - NIA\" \/>\n<meta property=\"og:description\" content=\"Dr. Bonnie-Jeanne MacDonald pointed to a prospective solution that could be the \u2018silver bullet\u2019 for retirement security:&nbsp;delaying Canada Pension Plan&nbsp;(CPP) and Quebec Pension Plan (QPP) benefits. 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