Our plan would affect only 1 in 5 retirees, and only those with household incomes above $100k (well above the median in Canada). We’re asking this 20% to take about $3,200 less after-tax income.

If you think this change risks compromising their standard of living, please watch our videos to hear directly from some of them about why this isn’t true. Or subscribers can read the Globe & Mail’s Financial Facelift section for shocking stories of how financial planners help seniors maximize OAS payments – whether they need them or not. Or here’s a free column from us.