Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 01-23-2014, 08:58 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,944
Originally Posted by racy View Post
+1 When I retired from megacorp & lost their dental insurance, my dentist advised me that self-insuring would likely be less expensive than purchasing my own plan.
Perhaps. I had a lot of cavities as a youth and the fillings seem to be slowly degrading and causing new problems, so I kept my dental insurance. So far it is has paid off.

The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-23-2014, 09:07 AM   #22
Thinks s/he gets paid by the post
Join Date: Nov 2009
Posts: 4,112
Originally Posted by SteveL View Post
You can save a few bucks on your car insurance by dropping the medical coverage. As long as you have your own health insurance, your auto medical is duplicate coverage. You won't be allowed to collect from both. This also applies to PIP coverage if you are no longer working. Some states don't allow PIP, so check your policy.
Most states which allow PIP it is mandatory. Medical Payments, the coverage allowed in non-PIP states, is always optional. It is also offered in some PIP states and is optional there, too. Depending on the state, PIP may include non-medical coverages, mainly wage income loss (which won't matter if you are retired). But sometimes PIP includes other lesser coverages such as essential services and death benefits.

PIP and Med Pay will likely have lower deductibles than personal health insurance, if any at all, something else to be aware of.

Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Affluent May Be Underestimating Retirement Needs SumDay FIRE and Money 32 03-08-2013 06:38 AM
Hi, new user in Ohio needs SS retirement info? David J Hi, I am... 1 12-02-2012 01:51 PM
Who needs retirement anyway? JustCurious FIRE and Money 35 08-24-2009 02:09 PM
Hi from a 53yo who needs retirement planning info CABarb Hi, I am... 10 01-11-2009 06:22 AM
Son turning 19 and needs health insurance Pete Health and Early Retirement 7 06-14-2008 11:08 PM


All times are GMT -6. The time now is 03:29 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.