Reply to How much to retire in late 50's?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The republicans want to weaken the preexisting conditions law so anyone who is self insured runs the risk of being put in a bare bones high risk pool type insurance policy if they have or develop any number of health conditions 
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 :roll: 
In an ideal world the OP should have a catastrophic insurance policy supplemented by an HSA.  (This is not self insurance and the  OP is familiar with how these work.)  This should cost much less than $30K.  Of course, the Democrats view these policies as "junk" and they are not offered because of the ACA.  Insurance policies have two purposes: actual insurance and access to the medical buying power of insurance companies.  What the OP needs is minimal insurance but health care bought through an insurance company.  Unfortunately, the ACA precludes this.  OP might want to look at something like Medishare, which seems to be a way to get around the anti-market aspects of the ACA using the religious exception.[/quote]

+1.

Paying $30-40k for health insurance is a joke, and few dare to say the obvious...ACA was a joke.[/quote]
Have you ever tried getting private health insurance pre ACA as a 50 something year old?   My  DH tried to and was denied due to a pre-existing condition. As you get older, you are more prone to getting pre-existing conditions.

Health insurance wouldn't be as expensive as it is now if it weren't for Trump stopping the cost share payments. Yes, it was going up, but not as much as it is now due to the cost sharing payment being killed.

ACA is the only thing that will allow my DH and I to retire early.  If it goes away, we won't be able to retire early, and I'm thinking neither will OP.[/quote]

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