Retiring young - cautionary info

[Anonymous]

We retired young (mid 40s). Our insurance for a family of 4 (PPO) is going from $2768 to $4329 in 3019. That’s a 56% increase and almost $19k more a year. It isn’t for the faint hearted. We can afford it but others may not be able to.

[Anonymous]

3019 = 2019

[Anonymous]

Sounds tragic. I feel pity for those who retired in their mid 40s and have increases in fixed expenses.

[Anonymous]

Anonymous wrote:Sounds tragic. I feel pity for those who retired in their mid 40s and have increases in fixed expenses.

Don’t worry they might qualify for subsidies

[Anonymous]

That is ridiculously expensive. Have you shopped around?

[Anonymous]

What are you going to do when Obamacare totally collapses? We are on that path thanks to our lovely government.

[Anonymous]

My mom retired from being an RN at 50 because of back issues. She couldn't work any longer. She's 6 years younger than my dad who just got laid off at 64. They aren't quite sure what to do for insurance for her as she's pretty disabled.

[Anonymous]

How much longer until your kids can get their own insurance? Are you 50s now or still in your mid 40s?

[Anonymous]

Anonymous wrote:We retired young (mid 40s). Our insurance for a family of 4 (PPO) is going from $2768 to $4329 in 3019. That’s a 56% increase and almost $19k more a year. It isn’t for the faint hearted. We can afford it but others may not be able to.

that's a long-term projection...

[Anonymous]

Anonymous wrote:

Anonymous wrote:We retired young (mid 40s). Our insurance for a family of 4 (PPO) is going from $2768 to $4329 in 3019. That’s a 56% increase and almost $19k more a year. It isn’t for the faint hearted. We can afford it but others may not be able to.

that's a long-term projection...

It was fixed in the second post.

[Anonymous]

Anonymous wrote:How much longer until your kids can get their own insurance? Are you 50s now or still in your mid 40s?

We are almost 50 now. It is essentially the only ppo. Kaiser is the other option.

[Anonymous]

Anonymous wrote:That is ridiculously expensive. Have you shopped around?

it gets worse as you age. SIL and BIL are in their early 60 s and pay over $30k a year for just the two of them in Richmond area. They are counting down the months until they turn 65.

[Anonymous]

This is making the Tricare premiums for a retired reservist under age 60 sound absolutely peachy at 1200/mo ish for two adults. Hoping they’re too much of a political third rail to ever raise much.

[Anonymous]

Yeah, so this is why I plan to early retire to Europe where I can get nearly free healthcare.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How much longer until your kids can get their own insurance? Are you 50s now or still in your mid 40s?

We are almost 50 now. It is essentially the only ppo. Kaiser is the other option.

Why not Kaiser? I have it and like it.