Given the skyrocketing cost of healthcare (as well as the increasing need for it as we age), it’s not too surprising that Baby Boomers’ biggest worry is how they’re going to afford their medical costs in retirement. Thankfully, however, Medicare (which is available to individuals who p...
The purpose of this post is to present the broad strokes of ACA, using my own experience as a case study. With this I hope to arm aspiring retirees with a kernel of knowledge, and the confidence to contemplate an early retirement free of the fear that healthcare costs will break them fi...
I’m also concerned about the timing of my retirement. My retirement date is ten years before Medicare eligibility. It’s also the same year myoldestof three children will start his freshman year. Early Retirement Concern #1: Healthcare Costs My former employer switched healthcare plans and pro...
**Which leads us to the other important thing to consider: What we spend NOW can/will/should be different than what we spend in actual retirement.** Depending on how far away this is, it could affect mortgage/car payments (or lack there of), commuting expenses, healthcare expenses, food...
We thought we had our health care plan for early retirement all figured out. We were going to buy a silver plan off the exchange, and even optimize our income around it. We’d have a predictable premium because we’d have a low income, we’d know that any pre-existing conditions ...
With the help of publications like International Living,Panamaseemed like the best choice for us. It offered a hot, year-round climate which we were used to having lived in south Texas, was close to the U.S., offered a great retirement program and good healthcare. Neither Clyde nor I ha...
Chapter 51 – How to Fail at Early Retirement Options, Choices, Opportunities, Eliminate your Stinkin’ Thinkin’, That dang healthcare situation, Retired or dead? Chapter 52 – We Do Not Know the Future - Fearing the future, The Choice. ...
Naturally, the plan should also consider how expenses may differ by scenario, including for health insurance, commuting, and housing. The tax impact of the offer must also be considered. Depending upon your age, withdrawals from your retirement plan may be subject to a 10% penalty on top of...
family obligations, and individual temperament all figure into it, or at least they should. Perhaps most important is whether you've thought through what you plan to do with your retirement years, however many of them lie ahead. As the wise old saying goes, it's ...
Early retirementWork ability indexRegarding the premature retirement related to a high prevalence of musculoskeletal disorders amongst health care workers of S. Jose's Hospital, the Occupational Health Department developed a prevention programme based on an ergonomic workplace assessment. The aims of this...