Print PageThe age pension
Despite our increased reliance on super to fund our retirement, many Australian retirees continue to supplement their retirement income with at least a part government age pension.
Even if you only qualify for a part pension, this can make a difference to your retirement lifestyle, as you’ll automatically qualify for a pension concession card and associated discounts.
How much super can you save and still get the age pension?
A couple that owns their own home can save nearly $260,000* in super and receive the full age pension or just over $990,000 and qualify for a part pension, provided they don’t have any other assets and pass the income test.
* To find out more see our Super Savings and the Government Age Pension fact sheet.
How much will you have?
You can work out how much age pension and account-based pension you may have in retirement using the government’s MoneySmart Retirement Planner calculator.
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