The decision of when to start taking Canada Pension Plan (CPP) benefits can depend on several factors, such as your retirement goals, financial situation, and health. Here are some things to consider when deciding when to take your CPP:

Eligibility: You can start taking CPP as early as age 60, but if you choose to start early, your benefit amount will be reduced. If you wait until age 65, you will receive your full CPP benefit amount. You can also choose to delay taking CPP until age 70, which will result in an increased benefit amount.

Financial needs: If you need the income from CPP to support your retirement, you may want to start taking it as soon as you are eligible, even if it means a reduced benefit amount. On the other hand, if you have other sources of retirement income and can afford to delay taking CPP, you may want to do so to receive a higher benefit amount later.

Life expectancy: If you have a family history of longevity and expect to live a long life, delaying taking CPP may be beneficial, as it will result in a higher benefit amount over your lifetime. However, if you have health concerns or a shorter life expectancy, starting CPP earlier may make more sense.

Tax implications: CPP benefits are taxable, so you may want to consider the tax implications of taking CPP at different ages. Starting CPP earlier may result in lower taxes if you have other sources of income, but delaying CPP may result in higher taxes later.

Ultimately, the decision of when to take CPP is a personal one that depends on your individual circumstances. It may be helpful to speak with a financial advisor or use online tools to help you make an informed decision based on your specific situation.