Calculator
Age Pension Assets Test Estimator
Enter your assets to see your estimated fortnightly Age Pension under the assets test. A single homeowner keeps the full pension up to $321,500 of assets and loses $3 a fortnight per $1,000 above that, as at 20 March 2025.
Assets test estimate
Assets test only. Services Australia pays the lower of the assets and income test results.
Estimated result
$1,063.10 per fortnight
Under the assets test alone, before the income test is applied.
- Assets test free area
- $321,500
- Assets over the free area
- $28,500
- Reduction ($3 per $1,000)
- − $85.50 per fortnight
- Cut-off point
- $697,000
Your answers are saved in this page's web address — copy the address bar to share or revisit this result.
This is an estimate based on the published rules and rates of Services Australia, correct as at 20 March 2025. Confirm your actual entitlement with Services Australia — your circumstances may include assessments this tool does not model.
Key facts at a glance
- Free areas as at 20 March 2025: $321,500 single homeowner, $481,500 homeowner couple combined.
- Non-homeowners have higher free areas: $579,500 single, $739,500 couple combined.
- Taper: $3 per fortnight per $1,000 over the free area.
- Cut-offs: $697,000 single homeowner, $1,047,500 homeowner couple combined.
- Your principal home and up to two hectares of adjacent land are exempt.
- Maximum rates used: $1,148.60 single, $1,731.60 couple combined, per fortnight.
All figures correct as at 20 March 2025, sourced from Services Australia. Next indexation: 20 September 2026.
What counts as an assessable asset?
Enter the market value of everything you own except your principal home — savings, shares, managed funds, superannuation once you have reached Age Pension age, investment property, vehicles, boats, caravans, business assets and household contents at their sale value. Debts secured against a particular asset are deducted from that asset's value.
Full detail, including gifting rules and exemptions, is in Age Pension assets test explained.
| Situation | Full pension up to | Cuts out at |
|---|---|---|
| Single, homeowner | $321,500 | $697,000 |
| Single, non-homeowner | $579,500 | $955,000 |
| Couple, homeowner (combined) | $481,500 | $1,047,500 |
| Couple, non-homeowner (combined) | $739,500 | $1,305,500 |
Worked example: Sarah, single homeowner with $420,000
$420,000 is $98,500 above the free area — 98.5 lots of $1,000 — reducing the pension by $295.50 a fortnight, from $1,148.60 to $853.10.
Next step: check the income test too
The assets test is only half the calculation. Run the Income Test Estimator as well, or use the Combined Pension Estimator to see which test binds.
Frequently asked questions
How much can I have in assets and still get the pension?
A single homeowner keeps the full pension up to $321,500 and a part pension up to $697,000. A homeowner couple keeps the full pension up to $481,500 combined and a part pension up to $1,047,500 combined, as at 20 March 2025.
What should I enter as assessable assets?
Everything you own except your principal home: savings, shares, superannuation once you are pension age, investment property, vehicles, and the sale value of household contents. Deduct loans secured against a specific asset.
Does this estimator include the income test?
No, it shows the assets test only. Services Australia pays whichever test gives the lower rate, so use the Combined Pension Estimator for a full picture.
How much pension do I lose per $1,000 of assets?
$3 a fortnight for every $1,000 above your free area — about $78 a year per $1,000.
Should couples enter combined assets?
Yes. Couples are assessed on combined assets against the couple thresholds, and the result shown is the combined couple payment.
Can I share my result?
Yes. Your inputs are stored in the page address, so copying the address bar shares or saves the exact scenario.
Researched and fact-checked by
researches Australian retirement and social security policy full time. Not a licensed financial adviser — every figure on this page is sourced from Services Australia or the Social Security Act 1991 (Cth).
Last reviewed: 15 September 2026
Figures as at: 20 March 2025
Next indexation: 20 September 2026
Change log: Reviewed 15 September 2026; estimator thresholds updated to Services Australia figures correct as at 20 March 2025. Next update at the 20 September 2026 indexation.