CPP/QPP Benefits - Early or Later?
This calculator compares the value of CPP/QPP benefits if you take them earlier or later.
Current age (maximum 100 years)
End age (maximum 100 years)
Start EARLY at age (maximum 69 years)
Start LATER at age (maximum 70 years)
Inflation rate (maximum value 10%)
Rate of return (maximum value 16%)
What percentage of maximum CPP/QPP do you qualify for?
(maximum 100%)
Table
|
50
|
|
90
End Age
Enter the age when you will stop receiving benefits. |
| Start receiving benefits when? |
|
Start receiving benefits when?
You can start receiving CPP/QPP benefits as early as age 60 or as late as age 70.
You can start receiving CPP/QPP benefits as early as age 60 or as late as age 70.
Start EARLY at age (maximum 69 years)
|
60
|
|
65
|
|
2.00%
Inflation rate
The annual CPP/QPP benefits are indexed to this inflation rate.
Input Error: Inflation Rate
Enter a value between 0 and 10%. |
|
4.00%
Rate of return
This rate of return is used to calculate the present value of the CPP/QPP benefits.
Input Error: Rate of Return
Enter a value between 0 and 16%. |
(maximum 100%)
|
75.00%
Percentage of max CPP/QPP
The maximum annual CPP/QPP retirement benefit is $17,196 as of January 2025. If you don't qualify for the maximum, enter the percentage here. |
$16,000
$12,000
$8,000
$4,000
$0
Table
Assumptions
Disclaimer
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ©Copyright 2025 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.
Disclaimer
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ©Copyright 2025 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.
This calculator compares the value of CPP/QPP benefits if you take them earlier or later.