CPP Calculator Canada

Estimate your monthly Canada Pension Plan retirement benefit based on your earnings and retirement age.

CPP Calculator

Estimate your Canada Pension Plan retirement benefit

$

2026 YMPE cap: $74,600

Estimated Monthly CPP

$1,088.22

Starting at age 65

Annual CPP Income

$13,059

vs. Taking at 65

+0.0%

Monthly Benefit by Start Age

Age 60
$696.46/mo
Age 61
$774.81/mo
Age 62
$853.16/mo
Age 63
$931.52/mo
Age 64
$1,009.87/mo
Age 65
$1,088.22/mo
Age 66
$1,179.63/mo
Age 67
$1,271.04/mo
Age 68
$1,362.45/mo
Age 69
$1,453.86/mo
Age 70
$1,545.27/mo

* Estimate only. Actual CPP is calculated by Service Canada based on your Statement of Contributions. Check My Account on canada.ca for your personalized estimate.

How CPP Benefits Are Calculated

Your CPP retirement benefit is based on how much you contributed over your working years and when you start collecting. The base age is 65. You can start as early as 60 (reduced by 7.2% per year early) or delay until 70 (increased by 8.4% per year late).

Start AgeAdjustmentMax Benefit at Age 65 = $1,508/month
Age 60−36%~$965/month
Age 61−28.8%~$1,073/month
Age 62−21.6%~$1,182/month
Age 63−14.4%~$1,290/month
Age 64−7.2%~$1,399/month
Age 650%$1,507.65/month (2026 max)
Age 66+8.4%~$1,635/month
Age 67+16.8%~$1,761/month
Age 68+25.2%~$1,890/month
Age 69+33.6%~$2,015/month
Age 70+42%~$2,141/month

Frequently Asked Questions

How much CPP will I receive in 2026?

The maximum CPP retirement benefit in 2026 is $1,507.65/month at age 65. The average Canadian receives about $925.35/month. Your actual benefit depends on your contributions and start age.

Should I take CPP at 60 or 65?

Taking CPP at 60 gives you more years of payments but at a reduced rate. If you expect to live past 74, waiting until 65 typically provides more lifetime income. If you expect to live past 82, waiting until 70 is usually best.

Does CPP affect OAS?

No. CPP and OAS (Old Age Security) are separate programs. CPP is based on your contributions; OAS is based on Canadian residency.

Disclaimer: Results are estimates for informational purposes only. Consult a qualified financial or tax professional before making financial decisions. Wealth Awesome is not responsible for any errors or omissions.

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