The CPP Dilemma (And What It Teaches Everyone)
If you’re Canadian, there’s a surprisingly controversial question: when should you start your CPP (Canada Pension Plan)?
At 60, you get the money sooner—but smaller. At 70, you wait longer, but your monthly payments are much higher.
Most people take it early because, well, it feels safer. But research (and math) often show that waiting can pay off, especially if you have other income or savings to bridge the gap.
The broader lesson here? Patience pays.
Whether it’s pensions, investments, or even business growth—delayed gratification is a real superpower. The world rewards people who play the long game.
So while everyone else is rushing for instant returns, remember: slow money is still money. Compounding doesn’t care about your emotions—it just quietly builds wealth while you live your life.
