For someone retiring before Medicare eligibility, what is a reasonable amount to budget for health insurance?
Answers:
I feel that $900 per month is not a "rational" answer. This really depends on a few things:
1) What state will you be in when you retire?
2) Do you have any medical conditions?
3) What is your risk tolerance? i.e. How much of a deductible can you handle?
With the above being said, it is very difficult to just throw a number at you - there are just too many variables.
Minimum per person $300
Maximum per person $800
You should also look at getting into a Health Savings Account qualified plan - they keep the premium's reasonable for that age group, plus they give you the ability to open a tax advantaged savings account.
If you're healthy, and in your mid 50's, about $900 per person per month.
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