How much will I get from CPP and OAS at 65 in 2026?
In 2026 the maximum CPP at age 65 is $1,433 per month (average actual: $832). Maximum OAS is $727 per month for ages 65-74, $800 for ages 75+. Delay CPP to 70 for a 42 percent boost ($2,035 max). OAS clawback starts at $93,454 net income. Together CPP and OAS rarely replace more than 40 percent of pre-retirement income.
Last updated: May 13, 2026 · Source: Service Canada 2026 OAS and CPP rates, Department of Finance Budget 2025
CPP + OAS Retirement Income Estimator (Canada 2026)
Estimate your monthly retirement income from CPP and OAS based on age and contribution history.
How Much Will I Get From CPP and OAS at 65?
A snapshot of Canada’s two public pension programs and what they pay in 2026.
Most Canadians retire on a combination of three buckets: CPP/QPP, OAS (with GIS for lower incomes), and private savings (RRSP/TFSA/employer pensions). CPP and OAS together rarely replace more than 40 percent of pre-retirement income, so private savings matter.
2026 CPP maximums (taken at 65)
- Maximum monthly CPP retirement: $1,433
- Average actual monthly CPP: $832
- Maximum at age 70: $2,035 (42 percent boost for delaying)
- Minimum at age 60: $917 (36 percent reduction for taking early)
2026 OAS maximums (ages 65 to 74)
- Monthly: $727 (annual $8,724)
- Ages 75+: $800/month (10 percent bonus since 2022)
- GIS for single seniors: up to $1,087/month if income under $22,272
OAS clawback in 2026
Above $93,454 net income, OAS is clawed back at 15 cents per dollar. Fully clawed back at $151,668 (ages 65-74) or $157,490 (ages 75+).
Strategy: take CPP at 60, 65, or 70?
If you expect to live past age 78, delaying CPP to age 70 beats taking it at 60 by a large margin (42 percent more per month, indexed to inflation, for life). Take it earlier if you need cash flow, expect a shorter life expectancy, or your TFSA/RRSP can’t bridge the gap.
Check your real numbers at My Service Canada Account — it shows your projected CPP at 60, 65, and 70 based on your actual contribution history.
Reviewed by: Montreal Tips editorial team · Last updated: May 13, 2026
Sources: Service Canada 2026 OAS and CPP rates, Department of Finance Budget 2025. Estimates are educational only — verify against official sources before acting.