Q: My wife and I are both permanently retired from the workforce and living off my self-funded super. Later this year, she will turn 67 and she has a less than $15,000 balance in her super accumulation account. On the other hand, I am 64 and withdrawing fortnightly income stream payments from my super from its current $950,000 balance.

Collectively, our financial and non-financial assets are right on the age pension homeowner couple’s asset test limit of $1.045 million for part age pension qualification.