Retirement tool
PremiumAge Pension means test
Entitlement under both means tests.
Runs the assets test and the income test with the current parameters and pays the lower result, exactly as Services Australia does, including deeming on financial assets.
Because it interacts with retirement drawdowns, the tool is at its best showing how a gift, a home improvement or a pension drawdown changes next year's entitlement.
What you see on screen
In the app this chart is live: every assumption is on screen, editable, and the projection moves as you change it.
Key inputs
- Homeowner status and relationship status
- Assessable assets, by type
- Income and deemed financial assets
- Any gifting inside the look-back period
What it reports
- Entitlement under the assets test and the income test
- Which test binds and the fortnightly payment
- The taper working on the binding test
- How entitlement changes across an asset range
Insights it surfaces
Alongside the numbers, the tool writes plain-language findings you can carry straight into the conversation. Example wording, from sample figures:
At $610,000 of assessable assets the couple receives a part pension of $19,830 per year under the assets test, which binds.
Each $10,000 of assessable assets above the threshold costs $780 per year of pension, an effective 7.80% taper.
Every tool, every time
Rates and thresholds come from the verified Australian rate set for the selected financial year. Every run can be saved as a scenario against the client, exported as a client-ready PDF or an Excel workbook with live formulas, and carried into an SOA or ROA. A methodology and audit PDF documents the calculation, and every output carries the compliance block.