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CPP start age: 60, 65 or 70?

Repo-linked (EBLR): your rate rises by the same 0.25% at the next reset date, unless your lender holds back some of it. Resets happen at least once every three months, so expect the change within about three months of 7 October.
MCLR-linked: your lender's own cost of funds drives the rate and it resets on its own date, often every six or twelve months. The effect arrives later and may be smaller. Our guide to [[blog:eblr-vs-mclr-home-loan|EBLR and MCLR]] explains the difference.
Fixed rate: nothing changes until the fixed period ends.

Enter your expected monthly CPP at 65. See what you get at each start age and the age where waiting pays off.

CPP is reduced 0.6% for each month before 65 (up to 36%) and increased 0.7% for each month after (up to 42%). Totals are not adjusted for inflation or tax.

Common questions

How much is CPP reduced at 60?

By 0.6% for each month before 65, so 36% at 60.

How much is it increased at 70?

By 0.7% for each month after 65, so 42% at 70.