Canadian Retirement Income Calculator

Note: Changes to Old Age Security

If you reside in Canada and have lived in Canada for 40 years after age 18, you can now calculate what happens if you choose to delay your OAS Pension.

The Canadian Retirement Income Calculator has also been updated to reflect the budget 2012 measures to gradually increase the age of eligibility for the OAS pension between the years 2023 and 2029, from 65 to 67.

Find out more about the changes.

This online tool will provide you with retirement income information, including the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits. You will need to work through a series of modules in order to estimate your retirement incomes from various sources and compare them to your goal income. It also allows you to see the impact of changes in savings behaviour.

The calculator will help you better understand how each pillar of the retirement income system will contribute to your future financial security. The calculator's results are estimates for information purposes only, and should not be considered financial planning advice. The calculator does not collect personal information or identifiers.

What do I need to begin?

To get the most out of your session, you may wish to have access to the following:

  • CPP Statement of Contributions or QPP Statement of Participation
  • financial information about your employer pension (if applicable);
  • recent RRSP statement(s) (if applicable); and
  • statements for other savings that will provide ongoing monthly retirement income (annuities, foreign pensions; survivor pensions, etc.).


To use this calculator you must have access to a modern Web browser. This could include such browsers as Internet Explorer (version 9 or newer), Mozilla Firefox (version 22 or newer), Safari (version 5 or newer) or Google Chrome (version 28 or newer). In addition, you must ensure that JavaScript is enabled to load the application. Please make sure to update your browser and/or settings before using this calculator.

Find out how you can correct inaccurate or incomplete information or how to disclose information not already reported during previous dealings with the CPP and/or OAS programs by reading the Disclosure Policy.

If you are married or living in a common-law relationship you must each use the calculator separately and compare your results to understand your overall situation. It is also important for couple s to know how a partner's death or the end of the relationship could affect their financial situation.

In an effort to modernize and continuously improve our online services to Canadians, we would appreciate your feedback.


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