Age Pension Calculator: Estimate Your Age Pension Entitlement with Confidence
Understanding how much Age Pension you may be entitled to can feel confusing — especially with Centrelink’s income and assets tests constantly changing. That’s why using an Age Pension calculator is one of the smartest first steps you can take when planning for retirement.
The Age Pension Calculator on AgePensionServices.com.au is designed to help Australians estimate their potential Age Pension entitlement and better understand how their income and assets may affect their payments.
👉 You can access the calculator here:
Age Pension Calculator
Why Use an Age Pension Calculator?
The Age Pension isn’t a fixed amount. Your entitlement depends on several factors, including:
Your assessable assets
Your assessable income
Whether you are single or part of a couple
How Centrelink applies the income and assets tests
An Age Pension calculator allows you to quickly estimate whether you may qualify for:
The full Age Pension
A part Age Pension
Or no Age Pension at all
This gives you clarity before you lodge an application or make major financial decisions.
How the Age Pension Is Assessed
Centrelink uses two separate means tests to determine your Age Pension entitlement. The test that produces the lower payment is the one that applies.
1. Income Test
Under the income test, Centrelink looks at income from sources such as:
Employment
Superannuation income streams
Investments and savings
Deemed income
If your income exceeds the allowable free area, your Age Pension is reduced — generally by 50 cents for every $1 over the threshold.
➡️ Learn more about how income is assessed on our
Age Pension Services page
2. Assets Test
The assets test considers the value of assets such as:
Bank accounts
Shares and managed funds
Superannuation (once you reach Age Pension age)
Investment properties and vehicles
Your principal home is generally exempt, but other assets are counted.
For every $1,000 over the assets threshold, your pension is reduced by $3 per fortnight.
How the Age Pension Calculator Helps
The Age Pension Calculator on our website helps you estimate your pension by:
Applying both the income and assets tests
Using current Age Pension thresholds
Showing an estimated fortnightly Age Pension amount
Demonstrating how small changes in income or assets can affect your entitlement
This makes it easier to:
Plan your retirement income
Test different financial scenarios
Understand whether you may benefit from professional assistance before applying
👉 Try the calculator here:
Use the Age Pension Calculator
Important: Calculator Estimates vs Centrelink Decisions
It’s important to understand that an online Age Pension calculator provides an estimate only. Your actual entitlement will be determined by Services Australia (Centrelink) once a formal application is lodged and assessed.
Factors such as:
Residency rules
Timing of gifts
Superannuation structure
Deeming rates
Changes to legislation
can all impact the final outcome.
That’s why many Australians choose to get professional help before applying — to avoid delays, mistakes, or missed entitlements.
Get Help with Your Age Pension Application
If you’re unsure about your eligibility, worried about making a mistake, or simply want peace of mind, professional support can make a real difference.
At Age Pension Services, we specialise in:
Age Pension eligibility assessments
Centrelink applications and reviews
Understanding income and assets rules
Helping clients maximise their legitimate Age Pension entitlement
👉 Book a confidential Age Pension review today:
Get Help with Your Age Pension
Final Thoughts
Using an Age Pension calculator is a smart way to estimate your potential benefits and start planning ahead. It gives you clarity, confidence, and a clearer picture of where you stand — before dealing directly with Centrelink.
For personalised advice and hands-on support, Age Pension Services is here to help every step of the way.