Age Pension calculator

Estimate your Age Pension for 2026. This is an estimate only — Services Australia works out your actual payment. Every threshold below is taken from the published rates, and the formula is shown with your result.

Relationship

Do you own your home?

Other income (per fortnight)

Income other than from financial assets (deeming is added automatically).

Total assessable assets

Excludes the family home if you're a homeowner.

Financial assets (for deeming)

Cash, shares, super in pension phase, bank accounts.

This is an estimate. Services Australia calculates your actual payment.

Estimated Age Pension

$1,237.70per fortnight

≈ per year (×26 fortnights) $32,180.20

Under both the income and assets free areas — the maximum rate applies.

How this is worked out

deemed income = 1.75% × (assets up to $66,800.00) + 3.75% × (assets above) = $0.00/yr → ÷26 = $0.00/fnincome test = 50c × (($0.00 + $0.00) − $226.00) = $0.00assets test = $3.00 × ⌊(assets − $333,000.00) / 1,000⌋ = $0.00payment = max(0, $1,237.70 − $0.00) = $1,237.70

Estimates and general information only — not financial advice. Check Services Australia for your circumstances.

Worked examples

Age Pension: worked examples
Situation	Income a fortnight	Rent a fortnight	Payment
Single, homeowner, no other income	$0	—	$1,237.70 a fortnight
Single, homeowner, with other income	$500	—	$1,100.70 a fortnight
Single, renting, no other income (includes Rent Assistance)	$0	$450	$1,456.85 a fortnight
Couple, homeowners, combined other income (combined payment)	$500	—	$1,814.00 a fortnight
Couple, renting, no other income (combined, includes Rent Assistance)	$0	$450	$2,011.65 a fortnight

Assets under the assets-test free area and no financial assets, so no deemed income. Other income is per fortnight. Rent Assistance uses the no-children rates.

With $500 a fortnight of other income, a single homeowner is paid $1,100.70, $137.00 less than the maximum.
Renting at $450 a fortnight adds $219.15 of Rent Assistance for a single pensioner, making the payment $1,456.85, $219.15 more than a homeowner with no income.

Single: the payment reaches $0 at $2,701.40 a fortnight of income, $2,475.40 more than the $226.00 income free area.
The cut-out for couple, combined income, $4,128.00, is $1,426.60 higher than for single, $2,701.40.
That is $1,144.23 higher than JobSeeker's single cut-out of $1,557.17.

More on Age Pension

Rates effective 20 September 2026 · next scheduled indexation 20 March 2027. Source: DSS / Services Australia. Last checked 23 September 2026.