Retirement Calculators

Compare starting CPP sooner with waiting for a larger monthly pension. See when the delayed start catches up in cumulative payments.

This flat-payment comparison applies a 0.6% reduction per month before 65 or a 0.7% increase per month after 65, up to 70. Monthly amounts are rounded to cents. Totals count completed months after the start birthday; the break-even age rounds up to the first completed month when delaying catches up.

Excludes income tax, investment returns, CPP indexation, GIS effects, survivor benefits and changes to the contribution record. Actual CPP is indexed, and stopping work or changing contributions can change the base pension. Sources: CPP start-age adjustments and how your CPP amount is calculated.

Project annual minimum withdrawals and the remaining balance for a RRIF established before the first projection year. Use your age at the beginning of the year. Minimum payments begin in the year after a RRIF is established; you may withdraw more than the minimum.

Compare partial-residency OAS at different start ages. The deferral bonus stops growing at age 70, while an additional Canadian residence year may still change a partial pension before it starts.

October update: The calculator now uses the official October–December 2026 OAS maximum.

Sources: OAS start timing and residency rules.

Estimate the OAS repayment created by 2026 net world income and the monthly deduction generally applied in the following recovery period.

Every additional $1 of net income above the threshold reduces OAS by about $0.15 until the OAS received for the year is fully recovered.

The estimated zero-OAS income uses the total OAS entered above. Standard full-year references are $8,999.49 for ages 65–74 and $9,899.46 for age 75+ throughout 2026. Changing the monthly reference makes a custom monthly × 12 estimate; you can replace it with actual annual OAS. Partial residence, deferral, a partial year or turning 75 during the year can change your entitlement. The government separately publishes full-recovery benchmarks of $155,320 and $161,320; the arithmetic estimate may differ slightly. Source: Government of Canada OAS recovery tax.

Compare continuing employee CPP contributions after starting CPP at 65 with opting out, where permitted.

This simplified comparison is before income tax, contribution tax relief, investment returns, and CPP indexing. Source: CPP Post-Retirement Benefit.