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Reply to "What is your net worth if you are 55 years of age"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Late 50s and retired for a half dozen years or so. Net worth as of today: $7.3 million. $4.1 million in retirement accounts, $1.4 million in brokerage/savings accounts, $1.8 million in home equity. Kids have all graduated college already.[/quote] What do you do for healthcare and how much does it cost all in? [/quote] We were lucky. My former employer let us stay on the company group plan and pay the full premium. It's about $1300 a month. Our total health care costs are about $25k a year for premiums and out of pocket expenses combined. A good portion is deductible because it's more than 7.5 percent of our gross income. It's our single biggest expense but very doable. [/quote] That is eye-opening. :shock: [/quote]
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