Question: Marnie and Jack will qualify for the maximum OAS and CPP at age 65. Current OAS maximum monthly benefit $613.53 each Current CPP maximum monthly

Marnie and Jack will qualify for the maximum OAS and CPP at age 65. Current OAS maximum monthly benefit $613.53 each Current CPP maximum monthly benefit $1175.83 each They expects to receive a 5% rate of return on her investments in retirement The current rate of inflation is 2.5% They expects to live until age 90

What is the present value of their OAS and CPP on the date of her retirement?

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