How do I compare CPP/QPP pension start ages?
Where to find it: TIME MACHINE results → TOOLS → CPP/QPP and WITHDRAWAL OPTIMIZER
Complete the pension histories, planned income, retirement dates and expenses first. Run an ordinary TIME MACHINE and resolve its funding warnings. Then select CPP/QPP and WITHDRAWAL OPTIMIZER from the result or the pre-run review screen.
This tool calculates supported combinations of pension start ages and retirement withdrawal strategies. It is offered only when there are eligible start dates still to compare; pensions already started or ignored limit the choices.
When both spouses’ CPP/QPP ages can be varied, the tool compares those two ages and keeps their selected OAS ages. When only one person’s CPP/QPP age can be varied, it can also compare that person’s OAS age if eligible. If CPP/QPP cannot be varied, an eligible OAS age can be compared on its own.
Inspect the selected ages and the final TIME MACHINE comparison.
See Optimizing the age to start CPP/QPP and OAS for details.