CPP & OAS Optimizer

There is no shortage of generic advice telling you to take CPP at a specific age or delay until 70. The problem is that advice does not know your financial planning strategy, your accounts, your income, or your goals. The optimal CPP and OAS start age for someone trying to maximize their after-tax estate is often completely different from the optimal age for someone trying to minimize their lifetime taxes or maximize their retirement spending. That is exactly what the CPP & OAS Optimizer solves.

The Optimizer works on top of a completed financial plan. Once your plan is built, you run the Optimizer and it uses everything already in your plan, your accounts, income, strategy, and goals, to evaluate every possible start age combination against your actual numbers.

Running a Maximize After-Tax Estate strategy? The Optimizer finds the start age that produces the highest after-tax estate. Running a Maximize Retirement Spending strategy? It finds the age that lets you spend the most across your lifetime. The definition of optimal changes based on what you are trying to achieve.

If you are running your financial plan with your spouse, the Optimizer does not look at each of you in isolation. It tests your ages together and finds the combination that produces the best possible joint outcome for your household.

The results show you every age combination ranked by outcome. You can see the difference between the best case and the worst case, and understand what it would actually cost if you followed generic advice and started benefits at a suboptimal age. You can also compare the best option to the next best, and decide whether an extra year of waiting is truly worth the difference.