Regardless of how much or little one has saved, if they have paid their taxes their working life and contributed to CPP then they are entitled to at least the minimum compensation, imo. I do, however, feel that there should be much more specific rules for these people. IE, no using CPP money when you haven't saved anything on your own to go on a vacation or something.
I would also like to see more tax breaks for those who do save, aside from the TFSA. Being prepared for retirement is good for the whole of society and as such should be rewarded. You've done the entire country a favour by being ready.
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So far, this is the oldest I've been.
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