The Finance Algorithm
§ Tool · tier 2 · independent

Age Pension Indexation Estimator.

Estimates age pension adjustments due to indexation and deeming rate changes for 2026. Helps retirees understand pension impacts.

Live dataFree, no signupOn-deviceLiveupd March 2026
Inputs
Your numbers
$
$1k

Your current Centrelink full or part Age Pension payment (fortnightly)

Different rates and thresholds apply based on household status.

$
$400k

All assets included in the Centrelink assets test (including super, investments, etc.)

$
$10k

Other income (employment, rental, etc) counted in the Centrelink means test. Deemed income is added automatically.

Impacts asset test thresholds.

%
3.25%

Government-set deeming rate for 2026 (update as announced)

Math updates live as you change inputs · AI runs on submit

Awaiting inputs

Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.

The 2026 Age Pension Indexation Estimator helps Australians planning for retirement or already receiving the Age Pension to understand how annual indexation and deeming rate changes may impact their payments. Designed for simplicity, it uses your actual assets, income, and basic situation to show what your new Centrelink benefits could look like post-indexation, so you can plan ahead or check entitlement changes.

§ Worked examples

Real-world scenarios

Single retiree, homeowner

A 67-year-old single, owns their home, $400,000 in assets, $10,000 annual income, current pension $950/fortnight, new deeming rate 3.5%.

Inputs

currentPension:950singleOrCouple:Singleassets:400,000income:10,000homeOwner:YesdeemingRate:3.5

Estimate shows pension will rise by ~$10/fortnight due to indexation, but a slight means test tightening from a higher deeming rate may offset gains. New payment projected at $960/fortnight.

Couple (non-homeowners) with moderate assets

A couple, both age 70, not homeowners, $600,000 in assets, $28,000 annual income, current combined pension $1,400/fortnight, deeming rate 4.2% for 2026.

Inputs

currentPension:1,400singleOrCouple:Coupleassets:600,000income:28,000homeOwner:NodeemingRate:4.2

Retention of full pension expected, but increase smaller than indexation headline due to tightening asset test. Result: $1,420/fortnight (+$20 rise).

§ FAQ

Questions Australians ask

§ Glossary

Plain-English definitions

Indexation
The process of adjusting government payments in line with inflation.
Deeming Rate
Interest rate used by Centrelink to estimate investment income in means tests.
Assets Test
A test for pension eligibility based on the value of all assets owned.
Means Test
Combined income and assets checks to determine qualification and payment size.