CPP & OAS Retirement Timing Calculator
Estimate your retirement benefits, compare different start ages, and see when delaying CPP or OAS may produce more cumulative income.
Benefit Estimator
Your Work & Retirement Profile
Editable so you can use the current OAS amount applicable to you.
This calculator approximates partial OAS as years ÷ 40, capped at 100%.
Estimator Assumptions
Editable. Use the current maximum CPP amount if you want to update the model.
Used only as a simplified earnings benchmark for the estimate.
Estimated Retirement Benefits
CPP at 60
$0
Fixed age-65 baseline reduced 36% for starting at age 60
CPP at 65
$0
Estimated CPP at planned stop-working age
CPP at 70
$0
Fixed age-65 baseline +42%; does not change with stop-working age
OAS at Selected Age
$0
At age 65
Simplified timing assumption: CPP at 60 and CPP at 70 are fixed reference values based on the same age-65 baseline. Only the middle CPP card changes with your planned stop-working age.
Crossover Analysis
Benefit Amounts
Use your Service Canada estimate or the estimator tab.
Strategy A
Strategy B
Comparison Assumptions
When above 0%, payments received under each strategy are assumed to be invested until the comparison date.
Which Strategy Comes Out Ahead?
Crossover Age
—
When the later strategy catches up
Strategy A at End
$0
Cumulative value
Strategy B at End
$0
Cumulative value
Normal at 65
$0
CPP 65 / OAS 65
Taking Benefits Earlier May Make Sense If...
You need the income sooner or do not expect to live well beyond the crossover age.
Delaying Benefits May Make Sense If...
You expect a long retirement and have enough RRSP, TFSA, pension or other savings to use while you wait.
Important: This calculator is for educational planning only. The CPP estimator is intentionally simplified and does not reproduce Service Canada's official CPP calculation. Actual CPP depends on your complete contribution record and applicable CPP provisions. OAS eligibility and amounts can also vary based on residency, income, and other rules. For a precise benefit estimate, use your official Service Canada information.
ForthrightMind · Retirement Planning Education