Age Pension Calculator (Australia)
Estimate your fortnightly Age Pension by applying both the income test and the assets test — the lower result is paid. Deeming is automatically applied to financial assets.
Settings reflect 20 Sep 2025 rates and thresholds.
New to the Age Pension? Read the explainer →
Household & home
Your assets
Total assessable assets: $300,000
Both fields are combined for the assets test. Only financial assets are deemed for the income test.
Your income
If eligible, the first $300 of each person’s employment income per fortnight is disregarded under the income test (simplified; carry-forward balances not modelled).
Income test result (per fortnight)
$1,110
Assets test result (per fortnight)
$1,179
Estimated pension (per fortnight)
$1,110
Annual payment
$28,847
Deemed income (per fortnight)
$56
Total assessable assets
$300,000
Assumptions & references
- Max rates (20 Sep 2025): single $1,179, couple each $889 (combined $1,777).
- Income test free areas: $218 (single), $380 (couple combined). Taper: 50c per $1 over free area (combined for couples).
- Assets test limits & cut-offs as listed above; taper $3 per $1,000 per fortnight over the full-pension limit.
- Deeming (20 Sep 2025): 0.75% to $64,200 (single) / $106,200 (couple combined), then 2.75%.
- Work Bonus (simplified): if ticked, we disregard the first $300 of each eligible person’s employment income per fortnight before applying the income test. Carry-forward “Work Bonus balance” is not modelled.
This calculator is general information only. It does not consider your personal objectives, financial situation, or needs. Consider speaking with a qualified professional.