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Old 04-26-2016, 07:34 AM   #41
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If you haven't changed your AA yet, it's a bit concerning when you do start paying for your own insurance. Your annual expense will almost double. Medicare isn't cheap either when you're eligible for it. Have you thought of moving abroad?
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Old 04-26-2016, 10:28 AM   #42
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Originally Posted by EastWest Gal View Post
If you are in cash, your income will be low. So when you apply for insurance, you are either going to pay through the nose and ignore the ACA exchanges, or use the exchanges and likely be eligible for Medicaid, unless you meet the income levels for other ACA insurance. Medicaid is lousy. Many doctors don't accept it. If you get out of Medicaid range and into other insurance, your premiums and out of pocket costs will be low, so that may work out well.

At least you have no concerns about estate recovery if you are Medicaid eligible!

I hope you enjoy the freedom as much as most of us here.


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Yes, still heavy into cash. This year I'm looking to go outside ACA. Policy has a very high deductible but it's not real expensive or this year I didn't make a ton of money so I'll see what my subs are on ACA. I'll do one or the other. I have a few months to float cobra. Luckily I don't have any health problems. Only go to the doctor once a year for physical for the last 10 years. Next year I can put my cash in some CD ladders and make enough to qualify for ACA.
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Old 04-26-2016, 10:30 AM   #43
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If you haven't changed your AA yet, it's a bit concerning when you do start paying for your own insurance. Your annual expense will almost double. Medicare isn't cheap either when you're eligible for it. Have you thought of moving abroad?
This is what I would like to do. I've looked into Panama. I hate to think what Medicare will be when I'm 65.
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Old 04-26-2016, 11:38 AM   #44
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If you still want to concentrate on CD's only, do at least 5-year ladders at AllyBank. It offers 2% APY , maybe other banks/CU's give more, I don't know. Don't move more than $250k though, just up to the Fed insured limit.
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Old 08-04-2016, 08:48 PM   #45
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I pulled the plug a couple months ago. It was one of the happiest days of my life as I despised my job and I couldn't take it anymore. Life is great

Never bored. Between lifting weights, kickboxing classes, soccer, cleaning, cooking, and I took up a foreign language I stay very busy. I am surprised how much less I spend each month in food and how much healthier I'm eating. Life is too short to do something you can't stand.
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Old 08-05-2016, 03:07 AM   #46
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Investment grade corporate bonds will pay a couple percent and return the principal at maturity.
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Old 08-05-2016, 07:26 AM   #47
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I pulled the plug a couple months ago. It was one of the happiest days of my life as I despised my job and I couldn't take it anymore. Life is great

Never bored. Between lifting weights, kickboxing classes, soccer, cleaning, cooking, and I took up a foreign language I stay very busy. I am surprised how much less I spend each month in food and how much healthier I'm eating. Life is too short to do something you can't stand.
Having left the workforce (kicked to the curb), I became more active, and much healthier.
Returning to the workforce (all positives on the job), I have become less active, and therefore less healthy.

I'm looking forward to pulling the plug in a year or two. Not that I have OMY syndrome or anything.
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