Originally Posted by
Xtrema
A "rich" person with CPP and a poor person that qualify for GIS probably have about $200-$300/mth difference in total eligible money from feds.
And the point would be moot if everything get converted to UBI in the future.
If you have DB from Telus, you will never qualifies for GIS anyway. And if you have no reason to slow down and stop earning income from now until OAS kicks in, don't collect CPP until you have to.
Of course, your health is part of this formula. If you think you can live as long as your parents or even longer, wait. If you know you have a few high risk factors, grab money now and put it in the estate for your wife/kids while getting is good. Even if you owe 50% tax on it, it's still money that you can't get if you are dead.