[Topic is now in Personal Finance (Not Investing) - mod mkc]
Is there any rule of thumb about how much HSA money you might use in retirement when medicare eligible? I see the advantage to funding a HSA (age 61), but I know there are all kinds of choices with medicare and I have little understanding of how much each might cost. The pat answer for 401k & IRAs is "all you can" but if you over fund an HSA you can only use that money for medical cost. So besides "as much as you can", is there some method to know you've put away enough?
Is there any rule of thumb about how much HSA money you might use in retirement when medicare eligible? I see the advantage to funding a HSA (age 61), but I know there are all kinds of choices with medicare and I have little understanding of how much each might cost. The pat answer for 401k & IRAs is "all you can" but if you over fund an HSA you can only use that money for medical cost. So besides "as much as you can", is there some method to know you've put away enough?
Statistics: Posted by MedEngineer — Tue Oct 22, 2024 6:33 pm — Replies 6 — Views 476