This is really the million dollar question. And it is really impossible to give anything but an individual answer. Most provincial governments try to answer the same question by offering a smaller pension at age 60 but a larger pension at age 65. Which do you take? If you die at 67 or 68 you probably should have taken the smaller pension at age 60. So this means that if you don’t take the early payment, you will have to live to age 70 at least to match the amount.