Living well on a pension

Michelle posed an interesting question over at aussieslivingsimply this morning. She asked "Is it possible to live well on the age pension?" For our international readers, the age pension is paid to citizens of Australia after they reach the age of 65 - men and women. Michelle says the pension is $877 per couple per fortnight, or $438.50 a week. We live well on less than that. H is on an age