Maybe if you live alone in your own house at some small village and let goverment pay for your social security, medical and give you some additional pocket money (you get that in most EU countries). But still, forget travelling, splurging on new appliances and such.
The government will not pay anything for you if you have a considerable chunk of savings you can pay for yourself from. You are only really considered poor if you have no savings.
It depends on how you declare your savings, even if you declare your income out of invetment of 300k it might be less than poverty line and you might be able to claim some monetary help from govt. Anyway, even if you didn’t get those, your medical and social insurance should be paid by govt.
