03-07-2014, 10:09 AM
(03-07-2014, 09:50 AM)cannew Wrote:(03-07-2014, 09:40 AM)rnsmth Wrote:(03-07-2014, 09:26 AM)cannew Wrote: For us without pensions, other than gov't pension, we need a better plan and one which will provide a growing income, to offset inflation.
By gov't pension, do you mean solely Social Security? (if you are in the US).
Canadian and we get CPP (Canada Pension Plan)& OAS (Old Age Security), the two would match your SS. The average gov't pension is about $1,150 per month.
Thanks for the answer - I do not know what the average for SS is, but that is close to what Kathy and I each get. I started mine at 62, Kathy worked part time for the past decade and is now legally blind from a genetic retinal disorder. She is 59 and receiving SS disability.