# CPP Calculator 2026: Start at 60, 65 or 70?

> See your CPP retirement pension at every start age from 60 to 70, the lifetime total and the break-even age, using the official monthly adjustments.

Source: https://trykosh.com/tools/cpp-calculator

Free tool - Budgeting and planning

# CPP calculator: when to start your pension

Enter your CPP estimate at 65 and see what you'd get starting anywhere from 60 to 70, and the age at which waiting pays off.

Rules checked 31 October 2026Free - no sign-upRuns in your browser

CPP starting at 65

$900 a month

The standard start age

A year**$10,800**

Total to age 90**$270,000**

Break-even**--**

Your CPP by start age (living to 90)

Start

Change

Monthly

Total received

Start at 60

−36%

$576

$207,360

Start at 62

−21.6%

$706

$237,082

Start at 63

−14.4%

$770

$249,610

Start at 65

+0%

$900

$270,000

Start at 67

+16.8%

$1,051

$290,131

Start at 68

+25.2%

$1,127

$297,475

Start at 70

+42%

$1,278

$306,720

−0.6% for each month before 65 (down to −36% at 60), +0.7% for each month after (up to +42% at 70). In today's dollars; CPP rises with inflation every January. The 2026 maximum at 65 is $1,507.65 a month; the average new pension at 65 was $858.34 in July 2026.

## Let Kosh do this with your real numbers.

Upload a bank statement and Kosh builds this from your real spending: every bill, subscription and transfer, sorted and priced, with a plan you can follow. Start with a free money checkup; Kosh Pro is CA$19 a month after a 7-day free trial.

[Start free](/signup?via=tool-cpp-calculator)

## How the CPP calculator works

Your Canada Pension Plan retirement pension is based on how much and how long you contributed. Service Canada shows your estimate at 65 in My Service Canada Account; enter it here.

Starting early cuts the pension by 0.6% for each month before 65 (36% less at 60). Waiting raises it by 0.7% for each month after 65 (42% more at 70). The change is permanent.

The calculator shows the monthly pension and the total you'd receive to the age you choose for each start age, and the break-even age: when the bigger, later pension catches up with the smaller, earlier one.

Pension = estimate at 65 x (1 − 0.6% x months before 65) or x (1 + 0.7% x months after 65)

## Worked example: Linda weighs starting at 70

Linda's estimate at 65 is $1,000 a month. Waiting until 70 raises it 42% to $1,420 a month, or $17,040 a year. If she lives to 90 she'd receive about $340,800 in today's dollars; she comes out ahead of starting at 65 if she lives past about 81.9.

CPP starting at 70

$1,420 a month

+42% vs taking it at 65

A year**$17,040**

Total to age 90**$340,800**

Break-even age vs 65**About 81.9**

−0.6% for each month before 65 (down to −36% at 60), +0.7% for each month after (up to +42% at 70). In today's dollars; CPP rises with inflation every January. The 2026 maximum at 65 is $1,507.65 a month; the average new pension at 65 was $858.34 in July 2026.

[Load this example into the calculator ->](?at65=1000&start=70#calculator)

## Good to know

-   The maximum CPP at 65 for pensions starting in 2026 is $1,507.65 a month; the average for new retirees at 65 in July 2026 was $858.34.
-   CPP is indexed to inflation every January and is taxable income.
-   Health, other income and whether you need the money now matter as much as the break-even age.

## Frequently asked questions

How much CPP will I get?

It depends on your contribution history. Your personal estimate is in My Service Canada Account. For pensions starting at 65 in 2026 the maximum is $1,507.65 a month.

Should I take CPP at 60 or 65?

Taking it at 60 gives a pension 36% smaller for life. It can make sense if you need the income or have reason to expect a shorter retirement; waiting pays more if you live into your 80s.

Is CPP taxable?

Yes. CPP is taxable income; you can ask Service Canada to withhold tax from each payment.

## Sources and assumptions

-   [Canada.ca: CPP retirement pension amounts](https://www.canada.ca/en/services/benefits/publicpensions/cpp/payment-amounts.html)
-   [Canada.ca: When to start your CPP pension](https://www.canada.ca/en/services/benefits/publicpensions/cpp/when-start.html)

Rules and rates last checked on 31 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not registered with any Canadian securities regulator as an adviser or dealer, does not recommend specific securities, and does not hold your money or execute trades. Tax figures are estimates; confirm with the CRA or a qualified professional before acting. Investing carries risk.