Editor's Note: I am delighted to share with you an excerpt from Zach Scheidt's highly rated “Big Book of Income.” Below he tells us about “piggybacking” Canadian Social Security. This is just one of the many retirement income tips you can learn about in his book that we are currently giving Profitable News readers for free here.
Through this link, you can get a FREE copy of “The Big Book of Income,” with all 47 worry-free income ideas. Limited offer. Click here
Excerpted with permission from Zach Scheidt's “Big Book of Income” (Chapter 23)
In 2015, I discovered an awesome way for Americans to legally “piggyback” Canadian social security to boost their retirement income with quality investments.
You won’t be collecting checks directly from Canada. However, you will be able to supplement your own Social Security income with one of the best opportunities around.
It’s simple, legal, and easy to do.
Here is one of the best ways improve your retirement with the help of our northern counterpart.
Similar to U.S. Social Security, the Canada Pension Plan (CPP) is the government program responsible for taking care of Canada’s senior citizens. However, instead of taking taxes and storing them in Treasury bonds like the U.S. does, the Canada Pension Plan is run by professional investors that puts Canadian funds in private equity, common stocks, bonds and real estate.
Until recently, the CPP was not like this. Prior to 1996, it operated just as U.S. Social Security does—by taxing the working members of society, storing the funds in bonds and then redistributing money to the elderly. When their analysts determined that the Canadian pension fund would evaporate by 2015, the government took action. They restructured the whole system and began investing the funds into the economy rather than hold them in Treasuries. By doing so, the fund grew rapidly and is now one of the largest pension funds in the world.
The Canada Pension Plan is growing fast, and its analysts spend thousands of hours evaluating the components that go into their portfolio. They purchase whole businesses such as Neiman Marcus and take large stakes in some of the best companies in the world.
One of the ways they invest is by purchasing common equity—something that anyone can do. By doing this, you can receive a generous amount of income each year to boost your own Social Security payments. In fact, I’ve helped over 40,000 readers generate income using this strategy.
Because the funds are used to support generations of citizens, you can be sure that a great deal of research and analysis was completed for each investment.
Here are a few examples of some of the gains we captured in just a few short years:
- 69% on Extra Space Storage
- 129% on AbbVie
- 65% on Procter & Gamble
There are three steps to start piggybacking Social Security, and you can find them in the “Big Book of Income”…
Zach’s Income Rating:
Editor’s Note: Want to see exactly how to piggyback Canadian Social Security to add money to your monthly income and Social Security? You can get detailed instructions in his FREE book for the next few days. You'll also find 46 more ways to get paid without lifting a finger in his book (tips that can get you over an extra $12,456 extra dollars a year) and we’ve decided to give select readers this book for free. Click this link for your free copy of the book.