Are you wondering how the means test for the Age Pension in Australia works? You’re not alone! In this video, we break down everything you need to know about this important topic to help you navigate your retirement plans confidently. Join Savvy Steve as he explains the ins and outs of the means test, including the income and assets assessments that determine your eligibility for the Age Pension. Learn how income from your superannuation, investments, and other sources impacts your pension amount. We’ll also clarify the thresholds for both tests and share strategies to optimize your financial situation. Discover: The current income thresholds and how your earnings affect your pension. How the assets test works and what assets are included. Tips for managing your income streams to maximize your benefits. Alternatives like the Commonwealth Seniors Health Card for those who exceed pension limits. Understanding the means test is crucial for securing your financial future. Don’t let confusion hold you back—watch now to empower yourself with knowledge! 👉 For more retirement insights, visit RetireSavvy.com.au and don’t forget to like, comment, and subscribe for more helpful tips! Next time, we'll tackle how to maximize your pension payments—stay tuned!