Age Pension calculator

How much Age Pension you'd get at 67 based on Centrelink's assets and income tests. Most retirees get a part pension on top of their super — this tells you roughly how much.

Built on 2025-26 ATO rates · Last reviewed April 2026

Assessable assets (excluding family home)

Super, shares, cars, contents, etc.

Annual assessable income

Deemed income from financial assets + earned income

Fortnightly pension

$946

Annual pension

$24,606

Max possible (single)

$29,754

Full rate when both tests pass

Which test is binding?

Assets test

Centrelink uses whichever test gives the lower pension. Reducing assets below $314,000 or income below $5,512 gets you the full rate.

Deeming. Centrelink assumes your financial assets (super in pension phase, cash, shares, investments) earn a deemed rate regardless of actual returns — currently 0.25% on the first ~$62k ($103k couple) and 2.25% above that. The "assessable income" figure above should include the deemed amount plus any earned income from work.

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Where these numbers come from

Keep reading

Age Pension eligibility explained →

General information only — not financial advice. Super decisions are long-term; verify with a licensed adviser.