Inquiring About CPP?
I am 25 years old and I am working and contributing to CPP (Canada Pension Plan).
My friend told me that contributing to CCP is useless because you cannot get your money back when you retired. He said “your paying retirement to someone else” by contributing to CPP. He also said that if ever the government give you some of ur CPP back that CPP money is only enough to buy a piece loaf of bread every month.
Is this true? Because i contributed decent amount of CPP.
Please could someone tell me because i am so confused now.
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