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Old 05-29-2015, 10:04 AM   #9
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by stampsx2 View Post
But once they take a bit of time to do they're securing their future.

If cpp was made optional and employers would equally contribute to their employee's retirement that would give each person maybe $400/month to make smart investments. With all the investment options available you could even see much more early retirements at 55.

To me cpp is just an expensive but poor life insurance policy that may or may not pay you (not your family) when you get older. It's to the governments benefit for people to die early so they can pocket the cash. It costs them nothing to run the program.
Well you're preaching to the choir here. I'm an independent advisor, so naturally I think that people can do better on their own than they can relying on these programs. I have just seen the procrastination and enough people not doing it on their own though, so I also see the value in making this easier for people who otherwise save nothing.
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