Are you wondering how much the Australian Age Pension will be in 2024 and how it can impact your retirement plans? In this video, we break down the latest updates, including the maximum pension payments for singles and couples, and the key factors affecting your eligibility. As of 2024, the maximum Age Pension payment for singles is around $1,020 per fortnight, and for couples, it's approximately $1,540. However, these figures can vary based on your income and assets. We’ll explain the two crucial tests—income and asset tests—that determine your pension amount, so you can confidently plan your retirement. You'll learn: Current Age Pension rates and how they change Key factors influencing your pension eligibility Actionable steps to maximize your pension benefits Stay informed, plan ahead, and explore additional income streams to enhance your financial security during retirement. The Age Pension can be a solid foundation for your retirement income, and understanding it is the first step to a stress-free golden year. 🔔 Don’t forget to like, comment, and subscribe for more valuable insights! For more resources, visit RetireSavvy.com.au. Next time, we'll tackle how to maximize your pension payments—stay tuned!