The Sweet Spot
When more super means less income.
The Age Pension is means tested, so your total income doesn't rise in a straight line with your super. Over some balances, drawing on super reduces your pension faster than it adds to your spending, and a bigger balance gives you less.
The tables show total yearly income (super drawdown plus Age Pension) across a range of balances. Green marks rising income, red with a down arrow marks falling income.
Assumptions
- 5% a year drawn from super
- $20,000 of assessable assets outside super
- 2026-27 Age Pension rates and thresholds
- Homeowners and non-homeowners side by side
From The Long Weekend. Your result depends on your circumstances.
Couples
Singles
