This calculator helps you estimate your deemed income for the Centrelink's Age Pension income test. You can use it whether you are single or in a couple.

You might find this calculator useful if you’re:

• Working out your deemed income to understand more about how much Age Pension you could be entitled to (Centrelink uses deemed income information to calculate later your Age Pension payments).
• Wondering how Centrelink assesses your financial assets.
• Already receiving a pension payment and checking how changes to your assets could affect your Centrelink income.

Deeming calculator

Use this calculator to see the deemed income from your financial assets. Centrelink uses deeming in their income test to work out how much Age Pension you are entitled to.

My marital status Please select one

MyOur super balance $ A minimum of $1 and maximum of $10,000,000 are allowed. Please adjust your balance value.

Value of myour other investment assets What assets are subject to deeming? $ A minimum of $1 and maximum of $10,000,000 are allowed. Please adjust your balance value.

MyOur results

Deemed income

$XX

fortnightly

$X,XXX

yearly

Deemed income

( At least one of the members in the couple is getting a pension )

$XX

fortnightly

$X,XXX

yearly

Talk to your fund about turning your super into a regular income alongside your Age Pension payments.

Choose your fund

• AustralianSuper
• Hostplus
• HESTA
• CBUS
• CareSuper
• Team Super
• First Super

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Assumptions

How to use this calculator

Using our deeming calculator is very straightforward:

1. Choose your relationship status: Select whether you're single or part of a couple (this matters for how results are assessed).
2. Provide your financial context: Add the figures requested for your super balance and investment assets: debentures, shares, managed investments, etc.
3. Check your results: You'll see your estimated deemed income shown as a fortnightly and yearly figure.

Where do Age Pension payments start to be reduced?

Source: Services Australia (content updated 20th Feb 2026)

If you want to know more, this page explains everything regarding the Income Test.

How is deeming calculated? Is this tool accurate?

Centrelink assesses eligibility for the Age Pension by looking at the value of your superannuation and other financial assets (or, if you have a partner, the combined value of your super and other financial assets) to calculate your “deemed income”.

Your deemed income helps to determine how much Age Pension you are entitled to.

As well as your superannuation balance, some of the assets that count towards your deemed income include:

• Savings accounts, cash and term deposits
• Shares and securities
• Managed investments such as managed funds and insurance bonds
• Account based income streams such as account based pensions and annuities

View the deeming calculator’s assumptions to see more assets that are included (and excluded), and to find out more about deeming rates.