CPP retirement pension calculator
Enter the age-65 estimate from your Service Canada statement and the calculator applies the 2026 start-age rules to it.
Checked by Radif Partners · Editorial policy · Method
The calculator takes one number, the monthly pension at 65 printed on your CPP statement of contributions, and applies the official adjustment for the age you choose: 0.6 % less for every month before 65, 0.7 % more for every month after, between 60 and 70. Any estimate above the 2026 maximum of $1,507.65 at 65 is capped at that figure. For the average new pension of July 2026, $858.34, the result is $549.34 a month at 60 and $1,218.84 at 70. Next to the monthly figure, the tool adds up what each start age pays until the age you pick, 75 to 95, and tells you when a pension started at 70 overtakes one started at 65: around age 81.9. All figures are in 2026 dollars, before income tax, with no projected indexation. What Service Canada actually pays is the amount on your decision letter.
CPP retirement pension at 65
$858
per month, 0 % versus 65
| Start at 60: total to 85 | $164,736 |
| Start at 65: total to 85 | $205,920 |
| Start at 70: total to 85 | $219,305 |
Starting at 70 overtakes starting at 65 around age 81.9. Figures in 2026 dollars, before indexation and tax. Estimate only: the CRA, Service Canada or your province sets the amount actually paid.
What the calculator works out
Three figures appear as soon as you enter an amount. The first is your monthly retirement pension at the start age you select, from 60 to 70, with the percentage gained or lost against 65. The second is a running total for a start at 60, at 65 and at 70, counted up to the age you choose. The third is the break-even age, the birthday after which waiting until 70 has paid more in total than starting at 65.
The adjustment is applied month by month in the rules, so starting at 60 removes 36 % and starting at 70 adds 42 %. The calculator uses whole years; a start in the middle of a year falls between two rows.
Typical cases for 2026
| Statement at 65 | Start at 60 | Start at 65 | Start at 70 | Total to 85, start 60 | Total to 85, start 70 |
|---|---|---|---|---|---|
| $1,507.65 | $964.90 | $1,507.65 | $2,140.86 | $289,470 | $385,355 |
| $858.34 | $549.34 | $858.34 | $1,218.84 | $164,802 | $219,391 |
| $754.00 | $482.56 | $754.00 | $1,070.68 | $144,768 | $192,722 |
The first row is the 2026 maximum, the second the average new pension at 65 in July 2026, the third half the maximum. In each row the later start ends ahead by 85, which is why the guide on choosing 60 or 70 spends most of its time on health, savings and other benefits rather than on arithmetic alone.
Where the numbers come from
The maximum and the average are those Service Canada publishes for 2026 (Service Canada, CPP payment amounts 2026 (modified 2026-09-29)). The 0.6 % and 0.7 % monthly rates come from the start-age page (Service Canada, Deciding when to start your CPP pension). Your statement estimate already reflects how much and how long you contributed, including the dropout of up to 8 low-earning years for the base component, as explained in Service Canada, CPP retirement pension: How much you could receive (modified 2026-09-29).
What it does not do
The tool cannot read your record of earnings, so it cannot rebuild your pension from your salary history or add future years of work. It does not project indexation or tax, and it ignores survivor and disability benefits. For the gap between your figure and the maximum, see the CPP payment amount guide. Low-income retirees should also look at the Guaranteed Income Supplement, since every CPP dollar counts as income for it.