Web Reference: There are many factors you should consider when deciding when to start receiving your CPP retirement pension. Make your choice based on your health, financial situation, and your plans for retirement. Jan 8, 2025 · According to research conducted by actuaries — the people who study risk at insurance companies — 70 years old is the best age at which to take CPP. First off, taking CPP at 70 results in... Jan 29, 2026 · Although CPP payments are designed to begin when you hit 65, you can take them as early as 60 or as late as 70. If you start early, your payout decreases by 0.6% for every month before your 65th birthday you start collecting.
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When Should You Take Your CPP If You Have A Defined Benefit Pension?
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