CPP Benefits - Early or Later?

This table compares the value of CPP benefits if you take them earlier or later.
Current age
50
End age
90
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End Age
Enter the age when you will stop receiving CPP benefits.
Start receiving CPP benefits when? Info Button
Start receiving CPP benefits when?
You can start receiving CPP benefits as early as age 60 or as late as age 70.

Start EARLY at age
60
Start LATER at age
65
Inflation rate
2.00%
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Inflation rate
The annual CPP benefits are indexed to this inflation rate.
Rate of return
4.00%
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Rate of return
This rate of return is used to calculate the present value of the CPP benefits.
What percentage of maximum CPP do you qualify for?
75.00%
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Percentage of max CPP
The maximum annual CPP retirement benefit is as of January 2019. If you don't qualify for the maximum, enter the percentage here.
$16,000
$12,000
$8,000
$4,000
$0


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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 2019 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.