The Age Pension is generally assessed using your age, Australian residence, income and assets, with the applicable Age Pension age currently 67. Most applicants must meet residence rules, although international agreements and special circumstances can affect this. Your income and assets may reduce the payment, and your home is generally treated differently from other assets. You can usually claim up to 13 weeks before reaching Age Pension age, but processing times and requirements can vary. Check the latest rules and rates through Services Australia before applying, as your final entitlement depends on your circumstances.