Should you take your CPP early or later than age 65? There are a lot of things to consider regarding this decision that you should consult a financial professional about like taxes, retirement income, health, life expectancy etc. This calculator is purely focussed on the monthly CPP benefit rate you could collect and was designed to help people approaching retirement compare the varying amounts that they could receive from their monthly CPP benefit at different start ages between the allowable age ranges of 60 to 70 years old. This calculator also shows how much money that actually translates to over time until your death age and allows you to easily compare different start ages and death ages to see at what age the total amount collected breaks even with two different start ages. This CPP calculator also allows you to factor indexing for inflation so you can see how that will affect your monthly rate and total amount of benefit collected over time until your death.