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Money and Finances
Reply to "Regret Retiring Given Inflation/Market Woes? "
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[quote=Anonymous][quote=Anonymous]For healthcare reasons alone I'd recommend keep working. Have you priced out Obamacare for your state? I pay $800 per month (for 1) with a $6000 deductible under the Affordable Care act. It is the cheapest plan offered in my state. I get no government subsidy as I earn over $46,000 per year.[/quote] My mom decided to work part-time for this very reason. She retired in 2020 after her company outsourced her department. The amount they paid for insurance on their own for 2021 was outrageous (her old company covered insurance through the end of 2020). She decided to look for a job this year and use the income towards insurance. The job asked her to steadily increase her hours, so she's now working 40 hours per week and qualified for benefits in May. She doesn't mind because compared to her last job, it's cake. There's no stress or high demands. [/quote]
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