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July 15, 2024 July 15, 2024


Getting your retirement plans back on track


It’s likely that your retirement plans have changed since the beginning of the pandemic. Many Canadians have had to reduce or freeze contributions to their retirement savings due to financial challenges during the past year, and some may feel they are falling behind on their goals.

While you think about getting back on track, consider that the Canada Pension Plan should be part of your long-term financial planning. Despite the recent financial hardships and ups and downs in the market over the past year, the fund remains strong.

CPP Investments, the professional investment management organization that manages the fund, recently reported a record return of 20.4 per cent for its 2021 fiscal year, growing the fund by more than $87 billion to a total of $497.2 billion.

The organization has a clear plan to ensure the fund is on solid footing for the next 75 years. Thanks to an actively managed portfolio that is significantly diversified across asset type, region and sector, volatility is minimized and the fund generates consistent returns.

This disciplined approach ensures the fund stays on track, building value when markets are strong and demonstrating resilience in periods of stress and market uncertainty. This helps provide a foundation upon which more than 20 million Canadian contributors and beneficiaries can build their financial security in retirement.

A strong fund removes at least one potential worry right now, so you can focus on getting back to your savings goals knowing the CPP will be there.

To learn more, visit

This content is provided for information purposes only. CPP Investments is not a financial advisor, and the content on this site does not provide financial advice. Every person’s financial planning needs are different. For advice on how you should prepare financially for retirement, please consult a credentialed professional financial advisor.

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