Deferring to Age 68

Boost your pension by 25.2% (CPP) and 21.6% (OAS) by waiting three extra years.

Estimated Monthly Income

$2,442

Combined CPP & OAS (Pre-Tax)

CPP Portion

$1,558

OAS Portion

$885

Profile & Family

Date of Birth

Target Retirement Age

The age you plan to start collecting CPP and OAS. Start as early as 60 or as late as 70.

Early (60)Standard (65)Deferred (70)

I have a Spouse / PartnerHelps estimate household GIS supplement eligibility.

Raised Children (Child-Rearing Provision)Drops low-income years while kids were under 7.

Financial & Residency

Canadian Resident Entire Adult Life?Age 18 to present / 65.

Personal Retirement Income (Taxable)

Estimate your annual taxable income in retirement (excluding OAS/GIS). Includes workplace pensions, RRSP/RRIF withdrawals, and interest. Used for the OAS Recovery Tax calculation.

Do not include TFSA withdrawals.

Earnings History

Quick Estimate

Just enter your current salary. We'll automatically project it backward and forward for a fast calculation.

Official Data Import

Paste your Service Canada data for the most accurate results possible, accounting for gap years and tiered contributions.

Generate Forecast from Salary

Forecast @ Age 68

$1,972 / mo

Scenario Analysis

Input Profile

Retirement Age: 68
Avg Earnings: $65,000
Years in Canada: 40

Key Factors

Deferring to 68 boosts the CPP pension by 25.200000000000003% and OAS by 21.6%.