Visit Globe Investor and use our free Canada Pension Plan (CPP) at 60 vs 65 Calculator to quickly compare the value of CPP benefits if you take them earlier or later.

How does the CRA calculate the maximum CPP payout? For 2025, the maximum CPP payout is $1,433 per month, or $17,196 a year. The CRA keeps updating this amount to adjust for inflation.

A Certified Financial Planner explains how the CPP process works for a non-resident of Canada and if a return to the country has an impact.