Age Pension estimator

Enter your situation, what you own and what you earn. You get your estimated fortnightly payment, and the thing most tools leave out: which means test is limiting it, and what would change that.

Nothing you type leaves this page. There is no account, no server, no tracking and nothing saved. Close the tab and it is gone. Print it if you want a copy.
  1. 1Your situation
  2. 2What you own
  3. 3Your income
  4. 4Your estimate

Step 1 — Your situation

Are you single or part of a couple?
Do you own the home you live in?

Your own home is never counted as an asset. Owning it does change the free area that applies to your other assets.

Enter your age in years, for example 68.

Step 2 — What you own

Your own home is not counted. Leave it out of every box below. Enter combined amounts for a couple.

Bank accounts, term deposits, shares, managed funds, and super in pension phase (account-based pensions). Do not include a partner's accumulation super entered in Step 1.

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What you'd actually get selling them second-hand, not the insured value. Most people overestimate this.

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Market value less any mortgage secured against that property.

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Boats, caravans, collectables, business interests, money owed to you, and anything else of value.

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Only if you sold your home on or after 1 January 2023 and intend to use the money to buy, build or renovate another home. Those proceeds are exempt from the assets test for 24 months (up to 36 in some cases) and are deemed at the lower deeming rate only. While the exemption applies you are treated as a homeowner. Leave at zero if this does not apply.

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Step 3 — Your income

Do not enter interest, dividends or super earnings. Centrelink ignores what your financial assets actually earn and instead "deems" them to earn a set rate. The estimator works that out for you from Step 2.

Wages or self-employment income from working. The Work Bonus exempts the first $ a fortnight automatically. (People who have an unused Work Bonus bank can have more exempted; that is not modelled here.)

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Net rent after allowable expenses, from any investment property.

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Foreign pensions, annuities, defined-benefit pensions, income from a trust or business, and similar.

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Step 4 — Your estimate