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• Current Age
• Retirement Age
• Expenses in Retirement
• RRSP Savings
• TFSA Savings
• Expected Interest on Savings
• Inflation Rate
• Pension
• CPP - Candian Pension Plan
• OAS - Old Age Security

Old Age Security (OAS)

The Old Age Security pension is a monthly payment you can get if you are 65 and older. In some cases, Service Canada will be able to automatically enroll you for the OAS pension. In other cases, you will have to apply for the Old Age Security pension. Service Canada will inform you if you have been automatically enrolled. In most cases, you do not have to apply to get this benefit. 

The Old Age Security (OAS) pension is permanently increased by 10% for seniors 75 years of age and over starting in July 2022.

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References