CPP & OAS Timing Optimizer

The right time to start CPP and OAS depends on your savings, spending, life expectancy, and risk profile. This tool models it all — including the popular "take it early and invest it" argument, breakeven ages, and an RRSP drawdown tax strategy that could save you thousands. Enter your numbers to see your personalized recommendation.

Just want the CPP number on its own? The CPP Calculator shows your monthly cheque at every start age from 60 to 70, adjusted for the age you actually stop working.

Current age

60

3069

Life expectancy

Canadian avg: ~84 men, ~87 women

90

75100

CPP % of maximum

Average Canadian gets ~53%

55%

10%100%

Years in Canada for OAS

40

1040

RRSP / RRIF balance

$450,000

$0$2,000,000

TFSA balance

$120,000

$0$500,000

Non-registered balance

$80,000

$0$2,000,000

Defined benefit pension

$0/yr

$0/yr$100,000/yr

Annual spending need

$65,000/yr

$25,000/yr$150,000/yr

Portfolio risk profile

Real return is based on your selected nominal return less 2.0% inflation.

Conservative

70/30 bonds-equity

4.0% nominal

Balanced

40/60 bonds-equity

5.0% nominal

Growth

20/80 bonds-equity

6.0% nominal

The DecisionBreakeven & ReinvestLockedRRSP DrawdownLockedSide by SideLockedRisk Grid

CPP at 60

$6,368/yr

CPP at 65

$9,950/yr

CPP at 70

$14,130/yr

OAS at 65

$8,917/yr

OAS at 70

$12,127/yr

Recommended Strategy

Standard

Take CPP and OAS around 65 if you want balance between cash flow now and guaranteed income later.

A standard start around 65 is the middle ground when there is some need for income now, but not enough pressure to force an early claim.

It keeps flexibility without giving up as much guaranteed income as a full deferral.

Early

CPP 60 / OAS 65

Total lifetime income$1,104,350

Age money lasts to72

Assets at end$0

Standard

CPP 65 / OAS 65

Total lifetime income$1,146,752

Age money lasts to72

Assets at end$0

Deferred

CPP 70 / OAS 70

Total lifetime income$1,189,702

Age money lasts to70

Assets at end$0

three of the 57 Checks

with your numbers, Marc would look at these next

1. 1

   A withdrawal rate you will not outlive

   spending set at a level that lasts, based on your real picture.

2. 2

   Can you spend more, or should you ease off risk?

   we measure your savings and pensions against everything you want to spend, for life.

3. 3

   Spending guardrails for good years and bad

   simple rules that flex your spending up or down as markets move.

at least one path runs out of money before 90. the fix is rarely the start age. i would look at the spending number and the guardrails around it.

you have built something worth planning around.

at your stage the big wins are in how the money comes out: the order you draw it down, when CPP and OAS start, and how much tax your family keeps. on a free fit call Marc goes through your numbers with you and tells you honestly if he can help.

see Marc's open times

those are three of the 57 Checks. the other 54 are what the plan runs.

send me these three checks + the full 57

first name (optional)

email address

mobile (optional)

send them

one email with the three checks and the full list. add a mobile if you would rather Marc texts you. unsubscribe any time.

Based on 2026 CPP/OAS maximums from Canada.ca. Ontario combined tax brackets from TaxTips.ca. Withdrawal order: RRSP → Non-Reg → TFSA. All figures in today's dollars. Default CPP % set to 55% (near the national average). This is an educational tool, not financial advice. For a personalized plan, book a fit call with Marc.