Early
Retiring Early at Age 60
See the impact of the 36% permanent penalty on your monthly payments.
40 Yrs Residence $55k Income
Retirement Scenarios
Select a situation that matches yours to see a pre-filled estimate.
Early
Retiring at Age 62
A common compromise age. Calculate your specific penalty (21.6% reduction).
40 Yrs Residence $60k Income
Standard
Standard Retirement (Age 65)
The benchmark calculation. 100% of your entitled CPP and OAS with no adjustments.
40 Yrs Residence $55k Income
Deferred
Deferring to Age 68
Boost your pension by 25.2% (CPP) and 21.6% (OAS) by waiting three extra years.
40 Yrs Residence $65k Income
Deferred
Max Deferral (Age 70)
The 'patience payoff'. See the maximum possible monthly boost (42% CPP, 36% OAS).
40 Yrs Residence $65k Income
Standard
Maximum CPP Contributor
Estimate for high-income earners who consistently hit the Yearly Maximum Pensionable Earnings.
40 Yrs Residence $73.2k Income
Standard
Average Canadian Income ($55k)
A realistic baseline for the typical Canadian worker with steady employment.
40 Yrs Residence $55k Income
Standard
Modest Income ($35k/yr)
Estimate benefits for service/retail workers or those with part-time career history.
40 Yrs Residence $35k Income
Standard
Low Income & GIS Estimate
Check eligibility for the Guaranteed Income Supplement (GIS) top-up for low-income seniors.
40 Yrs Residence $18k Income
Standard
High Income (OAS Clawback Risk)
See how higher retirement income might trigger the OAS Recovery Tax (Clawback).
40 Yrs Residence $95k Income
Standard
Newcomer (10 Years in Canada)
The absolute minimum residency to qualify for Old Age Security (OAS).
10 Yrs Residence $45k Income
Standard
Newcomer (15 Years in Canada)
Estimate your partial OAS pension (15/40ths) and CPP contributions.
15 Yrs Residence $50k Income
Standard
Newcomer (20 Years in Canada)
Mid-life arrival estimate. You qualify for exactly 50% of the full OAS pension.
20 Yrs Residence $55k Income
Standard
Immigrant (30 Years in Canada)
Long-term resident estimate. You qualify for 75% of the standard OAS pension.
30 Yrs Residence $60k Income
Standard
Stay-at-Home Parent
See how the Child Rearing Dropout provision helps protect your average earnings history.
40 Yrs Residence $45k Income
Standard
Retired Couple (Average Income)
Combined household pension estimate for two average income earners.
40 Yrs Residence $50k Income
Standard
Retired Couple (One Earner)
Estimate for a household where one spouse worked and the other had no income (Allowance eligibility).
40 Yrs Residence $70k Income
Standard
Self-Employed / Contractor
Estimate for gig workers or business owners who contribute both portions of CPP.
40 Yrs Residence $60k Income
Early
FIRE (Retired Early at 55)
Stopped working at 55, taking pension at 60. See how 'zero contribution' years affect your average.
40 Yrs Residence $80k Income