Retirement Planner

Should you take CPP at 60, 65, or 70? Model your monthly and lifetime benefits with OAS clawback included.

Your decision

Start collecting at age65 yrs

6070

Years expected to live20 yrs

535

Your contributions & income

CPP earned (% of max)85 %

20100

Retirement income (for OAS clawback)$60,000

$20,000$150,000

Monthly total at age 65

$1,946

CPP: 1,218 · OAS: 728

Annual income

$23,349

Lifetime benefit

$466,973

over 20 years

vs collecting at 65

+$0

Age 65+0.0% vs age 65

CPP adjusts by –0.6% per month for each month before 65 (max –36% at 60), and +0.7% per month after 65 (max +42% at 70).