"Turn CPP Into Legacy"

Added: 2026-05-27

[00:00:00]So, you know, when you turn 65 in Canada, you can start receiving CPP benefits, Canada Pension Plan. For most people, it's kind of like a novelty, I'm a pensioner now, but for a lot of people, they don't need the money.

[00:00:10]>> [snorts] >> It comes in, [music] it's taxed, it's reinvested and taxed again, but when they die, it disappears as well. So, it's gone. So, if you don't need that money, you could actually take that [music] money and you could create about a $1.6 million life insurance policy with the CPP benefits.