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 65
$0
Estimated monthly amount
CPP at Selected Age
$0
At age 65
OAS at Selected Age
$0
At age 65
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
Monthly CPP & OAS by Strategy
Strategy A
Earlier Start
CPP
Starting monthly CPP
$0.00
OAS
Starting monthly OAS
$0.00
Combined Monthly Benefit
Once both benefits have started
$0.00
Strategy B
Later Start
CPP
Starting monthly CPP
$0.00
OAS
Starting monthly OAS
$0.00
Combined Monthly Benefit
Once both benefits have started
$0.00
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