Anonymous
Post 05/05/2024 07:50     Subject: Retiring before 65
Anonymous wrote:Whatever health care plan you purchase, be sure that there is coverage in your snowbird state as well.


Good point!
Anonymous
Post 05/05/2024 04:36     Subject: Retiring before 65
Whatever health care plan you purchase, be sure that there is coverage in your snowbird state as well.
Anonymous
Post 05/04/2024 23:56     Subject: Retiring before 65
OP - This online calculator can help you determine whether you are eligible for ACA subsidies.

https://www.kff.org/interactive/subsidy-calculator/
Anonymous
Post 05/04/2024 23:44     Subject: Retiring before 65
Anonymous wrote:I would compare ACA and COBRA-- not many other options (thanks Joe Lieberman!)


The options before the ACA were less expensive plans where the insurance company was happy to collect your money until you got sick, then they kicked you off the policy or jacked up your premiums sky high. It was the illusion of health coverage. Then, once you had a pre-existing condition, the next insurer would not cover it.

The ACA isn’t perfect but it’s better than what came before. Sounds like OP is prioritizing travel over health coverage, which is fine — and probably means they are pretty healthy. Luckily for them, if they do get seriously sick, they will still be able to buy an ACA plan, because ACA plans have to cover preexisting conditions.
Anonymous
Post 05/04/2024 15:37     Subject: Retiring before 65
I would compare ACA and COBRA-- not many other options (thanks Joe Lieberman!)
Anonymous
Post 05/04/2024 15:35     Subject: Retiring before 65
Anonymous wrote:Affordable Care Act coverage is probably your best bet, especially if your income is low enough to qualify for federal subsidies.


With my pension and his deferred comp we’ll clear over 100k. But, we have travel plans annd other expenses.
Anonymous
Post 05/04/2024 15:33     Subject: Retiring before 65
Anonymous wrote:Also, does your teaching job come with retiree health coverage?


It doesn’t. That’s why I’m looking around for the best thing to do.
Anonymous
Post 05/04/2024 14:00     Subject: Retiring before 65
Also, does your teaching job come with retiree health coverage?
Anonymous
Post 05/04/2024 13:59     Subject: Retiring before 65
Affordable Care Act coverage is probably your best bet, especially if your income is low enough to qualify for federal subsidies.
Anonymous
Post 05/04/2024 12:38     Subject: Retiring before 65
What is the best affordable healthcare until age 65?
I want to retire from teaching next year (at age 59) and DH would retire at the same time (age 63).
We plan to snowbird so can't get small jobs as we'll be gone for 3 months.