When to Take CPP Benefits

How do you make sure you’re getting the most out of Canada Pension Plan? It all comes down to timing. This When to Take CPP Benefits calculator considers your age, when you wish to start benefits, the inflation rate, rate of return and the percentage of CPP that you qualify for. The table illustrates what the breakeven age is to help make decisions about when to take your CPP benefits.

CPP Benefits Early or Late calculator

This When to Take CPP Benefits calculator compares the value of CPP benefits if you take them earlier or later.

As you start to approach retirement, you’ll need to sort out when to start collecting retirement benefits. While Canadians can start collecting their Canada Pension Plan between the ages of 60 and 70, the longer you wait for CPP, the more you’ll get.

When to Take CPP Benefits

Companion Infographic

Collecting Canada Pension Plan benefits sooner means taking a little less now instead of waiting for more later. Everyone’s financial situation is different and this companion infographic will help start those conversations.


These consumer-facing financial calculators can be embedded in your web site quickly and easily.

Calculators are easy-to-use and fully responsive on any device – phone, tablet, laptop or desktop.

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Calculators can be fully branded according to your branding style guide. You’ll be up and running with a quick turnaround.

Calculators are available in English and French. 

The calculator can be viewed for free up to five (5) times.
To use the full-featured versions of these calculators in FreshPlan, please contact us.

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