From retirementessentials.com.au: Spending some savings can potentially increase income for retirees whose assets are just above the Age Pension cut-off.

From 20 March 2025, asset thresholds mean that reducing assessable assets can lead to eligibility for a part-Age Pension, providing financial benefits over time.

Strategic spending on necessities like home improvements and travel can help individuals qualify for the Age Pension while enhancing their quality of life.