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CPP & OAS Calculator

Estimate your monthly CPP and OAS retirement income by earnings history, years in Canada, and the age you start — plus the 4%-rule nest egg to cover the gap.

Max requires earning at or above the YMPE ($74,600 in 2026) for ~39 years.

Full OAS needs 40 years; partial from 10.

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Used to show the gap your savings must cover.

Estimated combined monthly benefit

$0

CPP

$0

OAS

$0

Per year

$0

Monthly gap your savings must cover

$0

Rough nest egg to cover it (4% rule)

$0

Timing insight

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Quick Answer

An average earner starting CPP at 65 and OAS at 65 with full Canadian residency receives roughly $1,630/month combined (~$19,550/year) in 2026 — a floor, not a retirement. Delaying both to 70 raises that to about $2,270/month. Against $4,000/month of target spending, the remaining ~$2,370/month gap needs roughly $710,000 of personal savings at a 4% withdrawal rate.

How this estimate works

CPP scales with your lifetime earnings relative to the yearly maximum (YMPE, $74,600 in 2026) across your contributing years. We scale the 2026 maximum ($1,507.65/month at 65) by your career-earnings level, then apply the timing adjustment: −0.6%/month before 65 (down to −36% at 60) or +0.7%/month after (up to +42% at 70). OAS is simpler: residency-based, $751.97/month at 65 (July to September 2026) with 40 years in Canada, +0.6%/month if delayed to 70 (+36%).

The gap is the point

CPP + OAS were designed as a floor — roughly 25–33% replacement of working income plus a residency pension. The gap between that floor and your target spending is what RRSPs, TFSAs, FHSAs, and pensions exist to fill. The 4%-rule nest egg shown above is the classic estimate: 25× your annual gap. Close it with the compound interest calculator and the RRSP vs TFSA calculator.

The clawback wrinkle

OAS is clawed back at 15¢ per dollar of net income above $95,323 (2026) — and RRSP/RRIF withdrawals count, while TFSA withdrawals don't. For higher-income retirees this alone can justify TFSA-first withdrawal strategies. Details and 2026 numbers: our CPP and OAS guide.

Get your exact CPP number

This is a planning estimate. Your Statement of Contributions in My Service Canada Account shows your precise entitlement from actual contribution records — check it once, then use this page to model the timing decision.

Frequently Asked Questions

How much CPP will I get if I retire at 65?
It scales with how much of the maximum you contributed, for how long. The 2026 maximum is $1,507.65/month; the average new retiree gets roughly $900. This estimator scales from your earnings history — for the exact figure, check your Statement of Contributions in My Service Canada Account.

How much do I gain by delaying CPP to 70?
CPP rises 0.7% for every month you delay past 65 — 42% more at 70. OAS rises 0.6%/month — 36% more at 70. On a $1,100 combined benefit at 65, delaying both to 70 means roughly $1,560/month, inflation-indexed, for life. Breakeven versus taking at 65 lands around age 81–82.

Can I get OAS if I haven't lived in Canada for 40 years?
Yes — partial OAS requires just 10 years of Canadian residency after age 18 (20 if applying from abroad). You receive 1/40th of the full pension per year of residency: 25 years in Canada = 62.5% of the full amount.

Are CPP and OAS taxable?
Both are fully taxable as regular income. OAS is also clawed back at 15 cents per dollar of net income above $95,323 (2026, indexed) — and unlike a clawback, TFSA withdrawals never trigger it. Factor after-tax values into your retirement plan.

Guides that use this calculator

Retirement Planning

CPP at 60 vs 65 vs 70: The Real Break-Even Math for Canadians

Retirement Planning

GIS in Canada: The Guaranteed Income Supplement, Explained (2026)

Retirement Planning

The OAS Clawback in 2026: The 15% Surtax Nobody Plans For

Retirement Planning

CPP Survivor Benefits and OAS After a Spouse Dies: What Widows and Widowers Actually Get

Retirement Planning

CPP and OAS in 2026: How Much Will You Actually Get?

Retirement Planning

Annuity vs RRIF in Canada: Guaranteed Cheques vs Flexible Control

Official sources

Rules and dollar limits change. Confirm current amounts with the official pages below before you act.

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