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CPP & OAS Calculator Canada
Estimate your retirement benefits and find the best age to start CPP
✓ Break-even Analysis · ✓ OAS Clawback Check · ✓ Free
Your average salary over your working years (before tax)
Years you have worked and paid into CPP
For OAS eligibility — need 10+ years, full OAS needs 40 years
Years with children under 7 — excluded from CPP calculation
Has spouse/partner
Your monthly benefits
At age 65
CPP
$1,196/mo
OAS
$763/mo
$1,958/mo
Annual total: $23,496
When should you start CPP?
Age 60
$765/mo
$9,182/yr
-36%Age 65
$1,196/mo
$14,346/yr
BaseAge 70
$1,698/mo
$20,372/yr
+42%Start 60 vs 65: break-even at age 74
Start 65 vs 70: break-even at age 82
Lifetime CPP income
Total cumulative CPP received by age
CPP and OAS at 65: how other income changes the total
With $100,000 of other retirement income, the OAS recovery tax cuts OAS from $763 to $364 a month, so CPP plus OAS comes to about $1,871 a month.
| Other income per year | CPP per month | OAS after clawback | CPP + OAS per month |
|---|---|---|---|
| $20,000 | $1,508 | $763 | $2,270 |
| $60,000 | $1,508 | $763 | $2,270 |
| $100,000 | $1,508 | $364 | $1,871 |
| $140,000 | $1,508 | $0 | $1,508 |
Both pensions start at 65 with 39 years of CPP contributions. Other income is pensions, RRIF withdrawals or investment income; the clawback is 15% of net income above the 2026 threshold.
Frequently Asked Questions
When should I start taking CPP?
The best age to start CPP depends on your health and financial situation. Starting at 60 reduces your monthly benefit by 36% for life. Waiting until 70 increases it by 42%. If you start at 60 instead of 65, the break-even age is approximately 74-75 — meaning if you live past that age, waiting until 65 gives you more lifetime income. Most financial planners recommend waiting until at least 65 if you have other income sources.
What is the maximum CPP payment in 2026?
The maximum CPP retirement pension at age 65 in 2026 is approximately $1,615 per month. However, the average Canadian receives much less — around $717 per month — because maximum CPP requires contributing at maximum levels for 39 years. Your actual amount depends on your earnings history and years of contributions.
How much is OAS in 2026?
The maximum OAS payment for Canadians aged 65-74 is $762.50 per month for October–December 2026. Canadians aged 75 and over receive 10% more — $838.75 per month. OAS is adjusted quarterly for inflation. You must have lived in Canada for at least 10 years after age 18 to qualify, and 40 years for the full pension.
What is the OAS clawback threshold for 2026?
The OAS clawback (recovery tax) begins when your net income exceeds $95,323 in 2026. You repay 15 cents for every dollar above that threshold. For payments from July 2026 to June 2027, OAS at ages 65–74 is fully eliminated once 2025 net world income reaches $152,062 (canada.ca). CPP payments, RRIF withdrawals, and employment income all count toward this threshold.
Can I receive both CPP and OAS at the same time?
Yes. Most Canadians receive both CPP and OAS simultaneously. CPP is available from age 60 to 70 (with adjustments), while OAS starts at 65 (or later if deferred for a higher amount). You can also defer OAS up to age 70 to receive up to 36% more per month.