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CPP & OAS breakeven calculator
Should you take CPP and OAS early or defer? Enter your estimates to find your breakeven age and the strategy that pays the most over your lifetime.
New to CPP timing? Read when to take CPP: 60 vs 65 vs 70
Your estimates
Find yours in My Service Canada Account.
CPP at 65, monthly$900
Max $1,508
OAS at 65, monthly$763
Max $763
Plan to age90
Uses the standard CPP adjustments (−36% at 60, +42% at 70) and OAS deferral (+36% at 70), with 2026 maximums. Nominal, before tax. Both are CPI-indexed, so deferring can be worth more than shown.
Take early
CPP at 60, OAS at 65
$436,260
lifetime to age 90
Standard
CPP and OAS at 65
$498,900
lifetime to age 90
Defer bothPays most
CPP and OAS at 70
$555,763
lifetime to age 90
Cumulative benefits by age
Take earlyStandardDefer both
CPP: wait from 60 to 65
Age 74
Waiting pays off if you live past 74.
$576 → $900 a month
CPP: wait from 65 to 70
Age 82
Waiting pays off if you live past 82.
$900 → $1,278 a month
OAS: wait from 65 to 70
Age 84
Waiting pays off if you live past 84.
$763 → $1,038 a month
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