Friday, July 13, 2012

CPP Pension

1:14 PM



Question:

I am having difficulty getting RetireWare to show my expected CPP pension income. I am currently semi-retired, age 56. I have no full-time employment earnings and have checked 'Already retired' in Financial Information. Nor am I currently in receipt of any CPP pension, so I can't enter any in Government Pensions.

Is there any other place I should enter my expected CPP income so that the program will recognize it?

Answer:

If you are semi-retired, select 'Already Retired' in Financial Information as you did, but enter an amount for the earnings. This amount will be used to estimate the CPP.

If you are working part-time, you should enter the part-time income in 'Sources of Income'.

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