WHERE will you retire?

[Anonymous]

Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

[Anonymous]

Anonymous wrote:Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

Ours is too, which is why we are retiring to Massachusetts - we will have it not matter what.

[Anonymous]

Anonymous wrote:I'm 8 years younger than DH who is in his early 60s. One of our kids who's a HS freshman has a chronic illness. Because DH will have to go on Medicare in 4 years and DK will just be graduating HS, I will have to go on ACA with our DKs if I can't transition to full-time work with benefits - right now DK's condition means I've pieced together many part-time gigs.

If the current Freedom Caucus iteration of ACA destruction passes this week we will most likely attempt to buy citizenship in an EU country (probably can only afford an eastern one or Portugal/Spain and eventually get our kids EU passports). Otherwise, we love Latin America and will move somewhere there for half a year and maintain a small place in a lower COLA area that's warm in the US. Our healthcare would be mostly taken care of overseas when possible, although we would have to maintain Medicare supplemental/insurance here too.

We are disgusted at the turn our country has taken in particular this year and don't really care to have our kids/potential grandkids suffer through their adult lives here. Our DKs are on board.

The US has allowed itself to be passed by much of the rest of the world in terms of substandard infrastructure development/maintenance, rampant, unfettered corporate malfeasance/tax evasion and outsourcing/automation without consideration for workers and awful health care access over the past 2 decades and shows no signs of a quick turnaround even if the current bozos are thrown out - which won't happen for awhile with the Republican gerrymandering going on.

What would it take to become a Canadian citizen.

[Anonymous]

Anonymous wrote:Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

this is us too. We're over 60. ACA costs us $30K a year. Unless one of us gets an employer-sponsored healthcare, we cannot retire, ever. Three kids in college. Two sets of elderly parents to take care of. And before you criticize, yes, we set up college savings plans decades ago which were decimated by the Great Recession.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any non-white people on this thread? Where are you comfortable retiring to? I'm first gen South-Asian and not sure how welcome we are in rural communities...

Yes, and we're retiring in Italy, ideally.

I should clarify that we're first generation south asian as well.

How does this work? Do you get a certain type of visa?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

Ours is too, which is why we are retiring to Massachusetts - we will have it not matter what.

But won't you go on Medicare at 65? That's what we are planning on. If ACA disappears we will consider moving our principal residence to MA (we already have a house there) for the insurance, although MD had a very good high risk plan before ACA so we hope that will be revived. We plan to switch to MA residency when we retire anyway because that is where we will spend more than 6 months of the year, but not for the insurance at that point. Are the Medicare supplemental plans better or different in MA? I haven't looked into any of that yet.

In the meantime, we do have to work until medicare kicks in because our current ACA plan is $28k/year. Not sure what it will drop to when we no longer need a family plan but that's 5 years down the road so who knows what the landscape will look like at that point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

Ours is too, which is why we are retiring to Massachusetts - we will have it not matter what.

But won't you go on Medicare at 65? That's what we are planning on. If ACA disappears we will consider moving our principal residence to MA (we already have a house there) for the insurance, although MD had a very good high risk plan before ACA so we hope that will be revived. We plan to switch to MA residency when we retire anyway because that is where we will spend more than 6 months of the year, but not for the insurance at that point. Are the Medicare supplemental plans better or different in MA? I haven't looked into any of that yet.

In the meantime, we do have to work until medicare kicks in because our current ACA plan is $28k/year. Not sure what it will drop to when we no longer need a family plan but that's 5 years down the road so who knows what the landscape will look like at that point.

We plan on retiring and moving prior to age 65. I will be on it longer as I am almost 4 years younger than DH. Our youngest should be out of undergraduate school when DH is 61 and he could retire any time after that. I will use COBRA as long as I can, but there will probably be a gap of some sort. It is hard to figure it out exactly because there are so may moving prats right now - I wish the ACA was not one of them, it adds an unnecessary complication.

[Anonymous]

I am only 40 so this may change, but I'd like to live within 3 hrs driving distance from my daughter. Preferably mild climate, with no traffic or little traffic.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our early retirement is tied to ACA. The cost of healthcare may cause us to have to keep working until 65.

If they let us retire, younger workers would have more job opportunities.

Ours is too, which is why we are retiring to Massachusetts - we will have it not matter what.

But won't you go on Medicare at 65? That's what we are planning on. If ACA disappears we will consider moving our principal residence to MA (we already have a house there) for the insurance, although MD had a very good high risk plan before ACA so we hope that will be revived. We plan to switch to MA residency when we retire anyway because that is where we will spend more than 6 months of the year, but not for the insurance at that point. Are the Medicare supplemental plans better or different in MA? I haven't looked into any of that yet.

In the meantime, we do have to work until medicare kicks in because our current ACA plan is $28k/year. Not sure what it will drop to when we no longer need a family plan but that's 5 years down the road so who knows what the landscape will look like at that point.

We plan on retiring and moving prior to age 65. I will be on it longer as I am almost 4 years younger than DH. Our youngest should be out of undergraduate school when DH is 61 and he could retire any time after that. I will use COBRA as long as I can, but there will probably be a gap of some sort. It is hard to figure it out exactly because there are so may moving prats right now - I wish the ACA was not one of them, it adds an unnecessary complication.

How does the cost of plans compare in MA? I've tried to look it up but it's hard to get info when it's not open season.

[Anonymous]

Anonymous wrote:To the country, alone, with no phone and just my pets. I dream big.

Just found a place I know I will love. Not telling a soul where it is.

Sounds like me. I also want to be isolated and for once only responsible for myself. The only difference is I only want 1 dog. 2 is 2 much responsibility

[Anonymous]

Close to where my DD ends up living
As single mom she's my family so I would go where she goes.

Downsize until she's out of college by selling house

[Anonymous]

Half the year in Maine. The other half as a nomad for a decade or so...so many places I want to explore at a leisurely pace. I'm sure the wanderlust will fade, and by then I hope to know where it is I want to live in the winters...maybe close to kids, maybe here, maybe some other city. (But definitely someplace that has a vibrant city life as the Maine location is remote!)

[Anonymous]

Anonymous wrote:I'm 8 years younger than DH who is in his early 60s. One of our kids who's a HS freshman has a chronic illness. Because DH will have to go on Medicare in 4 years and DK will just be graduating HS, I will have to go on ACA with our DKs if I can't transition to full-time work with benefits - right now DK's condition means I've pieced together many part-time gigs.

If the current Freedom Caucus iteration of ACA destruction passes this week we will most likely attempt to buy citizenship in an EU country (probably can only afford an eastern one or Portugal/Spain and eventually get our kids EU passports). Otherwise, we love Latin America and will move somewhere there for half a year and maintain a small place in a lower COLA area that's warm in the US. Our healthcare would be mostly taken care of overseas when possible, although we would have to maintain Medicare supplemental/insurance here too.

We are disgusted at the turn our country has taken in particular this year and don't really care to have our kids/potential grandkids suffer through their adult lives here. Our DKs are on board.

The US has allowed itself to be passed by much of the rest of the world in terms of substandard infrastructure development/maintenance, rampant, unfettered corporate malfeasance/tax evasion and outsourcing/automation without consideration for workers and awful health care access over the past 2 decades and shows no signs of a quick turnaround even if the current bozos are thrown out - which won't happen for awhile with the Republican gerrymandering going on.

Turned it has taken "this year"? Your grandkids future has been mortgaged by decisions made 30 years ago. The ACA will collapse in 12-24 months unless Republicans act contrary to political instincts and realign the program. You think old Europe is more sustainable? Wow.

[Anonymous]

Anonymous wrote:I'm staying put right here in Arlington. My husband and I are both from here, have tons of family and friends here, and its home. I have no desire to move to some random place e where I have no roots.

+1

[Anonymous]

In the house I'm getting ready to build, God willing.