Age pension calculator

When assessing eligibility for the aged pension, applicants are given an income test and an assets test — the test that produces the least amount of pension is the one used.

How much pension might I get if I qualify?

Relationship status *
Are you a homeowner? *
Is your home a granny flat or retirement village?

Exempt assets

Funeral bond/prepaid funeral, burial plot
Total exempt assets

Personal assets

Lifestyle assets: Cars, caravan, boat
Contents, collections, artworks
Total personal assets


Investment properties/vacant land
Account-based superannuation pension/s (grandfathered)
Family trusts/Private companies
Total non-deemable investments

Investments (subject to deeming)

Bank accounts
Term deposits
Managed funds
Loans/excess gifts
Total deemable investments

Income (per annum)

Deemed income (annual)
Rental income (annual)
Defined benefit income
Total assessable income
Total assessable assets

Asset test

Total assets
Pension based on asset test

Income test

Fortnightly income
Pension based on income test
A relationship or homeowner status has not been selected, therefore a SINGLE HOMEOWNER status has been assumed for this estimate.
Your pension estimate is based on the INCOME test.
Pension estimate
Pension estimate

Different rates and thresholds apply to couples separated by illness.

Calculators and tools
The calculators and tools on this website are provided for your information and to illustrate scenarios. The results should not be taken as a substitute for professional advice. You can connect with an accredited Retirement Living and Aged Care Specialist® Financial Adviser here
All reasonable care has been taken in preparing and designing the calculators and tools; however, Aged Care Gurus Pty Ltd provides no warranties and makes no representation that the information provided by the calculators and tools is appropriate for your particular circumstances or indicates you should follow a particular course of action.

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Disclaimer: While a Village Guru Report provides valuable insights, it doesn’t replace professional financial advice. You should seek advice from an accredited Retirement Living and Aged Care Specialist® Financial Adviser. Connect with an Adviser.

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