nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
I live in MA and I currently have excellent insurance through work, but when I retire I'll have to buy it myself and I'll use the state's website "The Connector" to buy a plan. A mid range one will cost $400/month.
I have sizeable assets, but because I'm frugal and own my home I'll be able to live on around $30k annual income which will qualify me for state assistance and I'll be able to get a better plan for only $150/month. Would you take advantage of this, even though you have assets that you could use to pay for a regular plan.
FYI the state includes dividends and interest in income, but doesn't ask about your total assets.
I have sizeable assets, but because I'm frugal and own my home I'll be able to live on around $30k annual income which will qualify me for state assistance and I'll be able to get a better plan for only $150/month. Would you take advantage of this, even though you have assets that you could use to pay for a regular plan.
FYI the state includes dividends and interest in income, but doesn't ask about your total assets.