Qualifying for a pension

Back to learn

How many years do you have to work in Canada to receive a pension?

Rounding it up

  • You only need to have had one job in Canada and be age 60 or 65 to draw from CPP; the amount you receive, however, will depend a great deal on how long you work.

  • You can supplement your retirement income with other savings accounts and government assistance programs.

  • Diversifying your retirement portfolio with a number of different income sources can help ensure you are able to lead the life you want in retirement.

7 min read

Dan Bucherer
#pension#retirement#CPP#QPP

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

Recent Articles

Can cryptocurrency be stolen?

What is the best interest rate on savings accounts?

Is streaming income taxed?

Can gamers get paid on platforms other than Twitch?

Top tips for gaming on a budget

Are overdraft fees predatory?

Related articles

What is the equivalent of a 401k in Canada?

7 mins

Dan Bucherer

Don’t fear! There are 401(k) type accounts in Canada and in many ways, they’re better than their American counterparts.

What is the equivalent of a 401k in Canada?

7 mins

Dan Bucherer

Don’t fear! There are 401(k) type accounts in Canada and in many ways, they’re better than their American counterparts.

#retirement

#401k

#RRSP

Company

AboutCareersCultureGamerLearnPartnersTravelStatus

Connect

The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.

By using this website, you accept our Terms and Conditions. Follow these links for more information on our Accessibility Policy and Multi-Year Accessibility Plan. © 2021 KOHO Financial Inc.