The CPP calculator assumes you are currently 60 years old and you are trying to decide whether you should take your CPP now or wait. It will provide the optimal age to take CPP based on your life expectancy and what that projected benefit is. While this calculator provides insight it is not meant to be a final decision making tool. We do recommend talking to your financial advisor prior to making this important decision.
- Your Marginal Tax Rate after you receive your CPP Pension?
- What Rate of Return would you make on your money if it was invested?
- Are you eligible for the maximum CPP amount at age 65?