CPP at 60 vs 65 vs 70
You can start your CPP retirement pension any time from 60 to 70. Each month before 65 cuts it by 0.6%; each month after 65 raises it by 0.7%. The real question is how long you expect to collect.
Assumptions
- Start at 60 = 36% less; start at 70 = 42% more (Canada.ca).
- Amounts in today's dollars; CPP's inflation indexing treated as equal across options.
- Ignores taxes, survivor benefits and continued contributions after 60 (post-retirement benefit).
General information, not financial advice. This calculator gives rough estimates from simplified assumptions. It does not know your full situation. Check with a qualified professional and the official sources before making decisions.
Sources
Figures checked October 16, 2026. Rules and limits change; confirm with the source before acting.