How to use the CPP calculator
- 1 Enter your CPP at 65 from My Service Canada Account, or keep the 2026 average.
- 2 Choose the age you start CPP, from 60 to 70.
- 3 Enter the age you plan for.
- 4 Compare your monthly pension, lifetime total and break-even age.
Worked example
A pension of $925.35 a month at 65, planning to age 87. Starting at 65 pays $925.35 a month, a total of $244,292 by 87. Waiting to 70 raises it 42% to $1,314.00 a month and $268,055 in total, with a break-even age of about 82. Starting at 60 cuts it to $592.22 a month, a total of $191,881.
Deciding when to start CPP
- Get your estimate from My Service Canada Account.
- Consider your health and family history.
- Use savings first to delay CPP if you can.
- Remember OAS and GIS when planning income.
Check OAS with the OAS Clawback Calculator, low-income support with the GIS Calculator, and RRIF withdrawals with the RRIF Minimum Withdrawal Calculator.
Features
2026 rules
-0.6% a month before 65, +0.7% a month after, 2026 maximum $1,507.65.
Lifetime total
Total pension to your planning age for any start age.
Break-even age
The age at which waiting starts to pay off.
When to use it
Planning retirement
Combine CPP with OAS and check the clawback with the OAS Clawback Calculator.
Low income seniors
CPP counts as income for the GIS. Check it with the GIS Calculator.
Retiring early
See the cost of starting at 60. Plan savings with the RRSP Calculator.
Working longer
See what waiting to 70 adds.
Related Benefits and Retirement tasks
Frequently asked questions
How much is CPP in 2026?
The maximum CPP retirement pension starting at 65 in 2026 is $1,507.65 a month. The average for new pensioners at 65 in January 2026 was $925.35, because most people did not earn the maximum every year.
When should I start CPP?
It depends on your health, other income and how long you expect to live. Starting at 70 pays 42% more for life and breaks even with starting at 65 at about age 82. Starting at 60 pays 36% less but breaks even around 74.
How much do I lose by taking CPP at 60?
0.6% for each month before 65, so 36% if you start at exactly 60. The reduction is permanent.
How much more do I get by waiting to 70?
0.7% for each month after 65, so 42% more at 70. There is no benefit to waiting past 70.
Where do I find my CPP estimate?
In your My Service Canada Account, which shows your estimated pension at 60, 65 and 70 based on your contributions.
Is CPP taxable?
Yes. CPP is taxable income, but it is not reduced by other income the way the GIS is.
Does CPP increase with inflation?
Yes. CPP payments rise every January in line with the Consumer Price Index.
What is the CPP enhancement?
Since 2019, higher contributions are slowly increasing future pensions. People who work many years after 2019 will get a larger pension, up to a third of their earnings.
Can I work while getting CPP?
Yes. If you are under 70 and keep working, you keep contributing (optional from 65) and earn a post-retirement benefit that adds to your pension.
Can I get CPP and OAS at the same time?
Yes. CPP and Old Age Security are separate. You can start CPP anywhere from 60 to 70 and OAS from 65 to 70, and many people receive both. OAS has its own deferral bonus of 0.6% a month, up to 36% at 70.
Does starting CPP early affect the GIS?
Yes. CPP counts as income for the Guaranteed Income Supplement, so a larger CPP can reduce your GIS. Low-income seniors who expect the GIS sometimes benefit from starting CPP earlier rather than later.
Results are estimates based on the official rates linked above. Confirm important figures with the issuing authority or a qualified adviser before you act on them.
Built and reviewed by Hamza Farooq, founder and lead developer
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