About the Age Pension calculator
The Age Pension is the main government payment for older Australians. Services Australia works out your rate using two tests, an income test and an assets test, and pays whichever gives the lower amount. This calculator does both and shows which one is setting your payment.
You’ll be asked whether you’re single or part of a couple, whether you own your home, and about your savings, other assets and income. You get an estimate per fortnight and per year, a step-by-step breakdown, and a summary you can print or save as a PDF.
How the estimate works
Your home isn’t counted in the assets test, but most other things you own are. Income is counted before tax, and savings and investments are assumed to earn a set rate, called deeming, whatever they actually earn. The first $300 a fortnight of pay from work is ignored (the Work Bonus).
| Full rate, single, a fortnight | $1,237.70 |
|---|---|
| Full rate, each partner in a couple, a fortnight | $933.00 |
| Income free area, single (a fortnight) | $226 |
| Income free area, couple combined | $396 |
| Assets limit for a full pension, single homeowner | $333,000 |
| Assets limit for a full pension, couple homeowners | $499,000 |
| Deeming rates | 1.75% and 3.75% |
Common questions
How much is the Age Pension?
From 20 September 2026, the maximum Age Pension is $1,237.70 a fortnight for a single person, or $933.00 each for a couple, including the Pension Supplement and Energy Supplement.
How much can I earn before my Age Pension is reduced?
A single person can have up to $226 a fortnight of assessable income before the pension is reduced. For a couple it’s $396 combined. After that, the pension drops by 50 cents for each $1 (25 cents each for a couple). The first $300 a fortnight of pay from work isn’t counted.
Does my house count in the Age Pension assets test?
No. Your own home isn’t counted. Almost everything else is, including savings, investments, a second property, cars, caravans and household contents.
What age can I get the Age Pension?
Age Pension age is 67. You also need to meet Australian residency rules, which Services Australia can confirm.
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Rates last checked 5 November 2026. Payment rates from 20 September 2026; limits from 1 July 2026.