What Living on CPP & OAS Alone Actually Looks Like

Most Canadians hear the headline that CPP pays over $1,500 a month, but the real number for the average person is much lower. If you plan to retire on government benefits alone, you need to see the actual math for 2026 before you make any permanent decisions. This video breaks down what a budget looks like when you only have CPP and OAS to count on and no other savings or pensions to fall back on.

Here is what we cover:

Why the average CPP payment is actually $925 and why you likely won't get the maximum amount.

How the tax-free Guaranteed Income Supplement (GIS) works and why thousands of seniors forget to claim this extra $1,100 a month.

A line-by-line look at a monthly budget for rent, food, and bills on a fixed government income.

How your house and your starting age change your monthly math from tight to comfortable.

You will learn how to find your own numbers in your My Service Canada Account so you can stop guessing about your future. I want you to see the real trade-offs of living on these benefits so you can plan for what you can actually afford.

Видео What Living on CPP & OAS Alone Actually Looks Like канала Canadian Explorer