CPP timing calculator
Enter your own estimated CPP at 65, from your Statement of Contributions. This applies the statutory early and late adjustment to that figure and walks both payment streams month by month to find the exact age one overtakes the other.
Worked example — Age delaying CPP to 70 overtakes taking it at 65: 81 years, 10 months. $900/mo estimated at 65, nominal dollars, no discounting
Compare your own CPP at 60, 65 and 70
One number in: your own estimated CPP at 65. Everything else is the statutory early and late adjustment, applied exactly, and the month-by-month point each later start catches up to an earlier one.
$900/mo at 65: Compares starting at 60, 65 and 70 on the same $900-a-month estimate at 65, no discounting.
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All three series are discounted to the same starting point, age 60, so they read on one scale. Every figure is a whole-year sample: the chart joins them with straight segments and computes nothing between them.
The age CPP at 70 overtakes CPP at 65
81 years, 10 months, on a $900-a-month estimate at 65 and nominal dollars. That is the month the cumulative total from waiting to 70 first exceeds the cumulative total from starting at 65, walked month by month rather than rounded to the "82" figure that circulates for this comparison - the real crossing depends on the exact adjustment factors and lands within a month or two of it, not on it.
Starting at 60 instead of 65 breaks even at 73 years, 10 months. Compare 60 straight through to 70 and the crossing moves to 78 years, 2 months. None of the three break-even ages depends on the size of your own estimate: the pension amount cancels out of the crossing month, so a $1,300 estimate breaks even at the identical age as a $900 one.
CPP monthly amount by start age, 60 to 70
On a $900-a-month estimate at 65. The adjustment is exactly -0.6% a month for every month before 65 and +0.7% a month for every month after, each capped at the 60 and 70 boundaries - not the same rate in both directions, and not extended past age 70.
| Start age | Adjustment | Monthly | Annual |
|---|---|---|---|
| 60 | -36.0% | $576.00 | $6,912 |
| 61 | -28.8% | $640.80 | $7,690 |
| 62 | -21.6% | $705.60 | $8,467 |
| 63 | -14.4% | $770.40 | $9,245 |
| 64 | -7.2% | $835.20 | $10,022 |
| 65 | 0% | $900.00 | $10,800 |
| 66 | +8.4% | $975.60 | $11,707 |
| 67 | +16.8% | $1,051.20 | $12,614 |
| 68 | +25.2% | $1,126.80 | $13,522 |
| 69 | +33.6% | $1,202.40 | $14,429 |
| 70 | +42.0% | $1,278.00 | $15,336 |
CPP at 60 vs waiting to 70: cumulative total
The age-60 start is ahead everywhere on this table until the 78 years, 2 months mark. After that, every additional year favours 70 by a growing margin, because the monthly gap between the two streams stays fixed while the head start age 60 built up does not grow.
| Age | Started at 60 | Started at 70 | Started-at-70 total minus started-at-60 |
|---|---|---|---|
| 75 | $103,680 | $76,680 | -$27,000 |
| 80 | $138,240 | $153,360 | +$15,120 |
| 85 | $172,800 | $230,040 | +$57,240 |
| 90 | $207,360 | $306,720 | +$99,360 |
Where your own estimate at 65 comes from
Your Statement of Contributions, in My Service Canada Account, or the paper statement Service Canada mails on request. It already reflects your real contribution history: years worked, years of zero or low earnings, and any child-rearing or disability drop-out provisions applied. This tool does not rebuild that estimate from a synthetic earnings history - it only takes the figure you already have and applies the early or late adjustment to it. For scale, the maximum CPP retirement pension at 65 is $1,507.65 a month; the average new recipient gets $925.35. Most people are well below the maximum, which is why the tool asks for your own number rather than assuming it.
This compares two fixed monthly streams and nothing else. It does not model working while collecting CPP after 65 (the post-retirement benefit), survivor or disability CPP, the effect of a withdrawal on GIS or OAS clawback, or the tax owed on the payments themselves. Life expectancy is your own judgment call: the break-even age here is the age at which waiting has paid off in total dollars received, not a recommendation about how long you will live.
Where these numbers come from
The early and late adjustment factors and the maximum monthly CPP figure on this page are published by Employment and Social Development Canada and Service Canada. Each was checked against a second independent source on 2026-08-08. Your own CPP estimate at 65 is not on this list: it comes from your Statement of Contributions, not from any figure this page supplies.
- ESDC - CPP and OAS maximum benefit amounts, 2026 the maximum retirement pension at 65 and both survivor-pension maximums
- Service Canada - CPP: how much you could receive the -0.6% and +0.7% monthly adjustment factors and their 60-to-70 limits
This is general publishing, not tax or retirement advice, and it does not know your circumstances. Your own entitlement is on your Statement of Contributions and in My Service Canada Account, which is the number that governs.
The next question after this one
CPP and CPP2 contribution calculatorCalculatorSee what you are paying into CPP now, base and CPP2, before deciding when to start drawing it back out.Open nextOther questions
- OAS clawback calculatorCalculatorCPP counts as net income for the OAS recovery tax test, so a bigger cheque from delaying can trigger or deepen a clawback.
- RRSP vs TFSA calculatorCalculatorThe same early-vs-late tradeoff shows up in withdrawal timing once CPP and RRIF income start stacking on top of each other.
All 130 calculatorsHow JMM sources and checks its numbersWhat stays free, and what early access would add
What Pro adds here
The post-retirement benefit for working past 65, a break-even that accounts for GIS and OAS clawback together, and a life-expectancy-weighted expected-value view are Pro features. The launch list sends one email at launch.