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CPP Start Age Calculator

Calculate the permanent impact on your monthly 2026 pension by starting CPP early or late.

Last updated: April 2026

The CPP Start Age Rules

The standard age to start receiving the Canada Pension Plan (CPP) is 65. However, you can start as early as age 60 or as late as age 70.

Taking it early: Your monthly payment is reduced by 0.6% for each month before age 65 (up to a 36% permanent reduction).

Taking it late: Your monthly payment is increased by 0.7% for each month after age 65 (up to a 42% permanent increase).

How to use this calculator

  1. 1
    Check StatementGet your estimated amount at age 65 from your Service Canada account statement.
  2. 2
    Adjust Target AgeMove the slider to see how your monthly income changes for every year you wait.
  3. 3
    View ComparisonThe chart shows the permanent monthly amounts for the major age milestones.

Formula & example

Adjustment = (Months from 65) × (0.6% or 0.7%)

Early Cap= 36% reduction at age 60.
Late Cap= 42% increase at age 70.

If your benefit at 65 is $1,000/month, taking it at 60 reduces it to $640/month. Waiting until 70 increases it to $1,420/month.

Benefits

Lifelong Security

The CPP is a guaranteed, inflation-indexed pension for the rest of your life.

Longevity Insurance

Delaying to 70 provides a much larger inflation-protected baseline for your later years.

Flexibility

Taking it early can provide vital cash flow for earlier semi-retirement.

Use cases

Retirement Planning

Determine if your other savings (RRSP/TFSA) can 'bridge' the gap until you start CPP at 70.

Health Considerations

If you have a shorter life expectancy, starting early at 60 is often the logical choice.

Frequently asked questions

Is this amount indexed to inflation?+

Yes. Every January, your CPP payment is adjusted upward based on the Consumer Price Index (CPI).

Does this include the Quebec Pension Plan (QPP)?+

The rules for the QPP are very similar to the CPP, so this calculator provides a close estimate for Quebec residents as well.