Retired from self-employment, need insurance

[rockydeluz]

Who planned to retire too early to get Medicare? We never through about it in our 50's. One day we had a business to foot the bill for health insurance, the next it was gone. We need to find a group to join until I turn 65. So far we are keeping our corporation alive with the IRS just so we can still get insurance. Not only is this chancy, but it is expensive.

[REWahoo]

Welcome to the forum.

Quote:

Originally Posted by rockydeluz Who planned to retire too early to get Medicare?

Although it can be problematic, a lot of us did.

Have you read through our FAQ section? http://www.early-retirement.org/foru...nce-30756.html

[Milton]

Not an issue in most countries.

I wonder if the statistics for developed nations would show that early retirement is less common in the USA? If so, I would imagine that health insurance is a major cause, although there are of course other factors to consider such as availability of pensions and various social pressures.

[Ed_The_Gypsy]

You could maintain a small business with no activity to speak of but still qualify for group health insurance. I have heard of this being done (perhaps on this very board). I have considered it myself. Who knows?

[oldtrig]

You could maintain a small business with no activity to speak of but still qualify for group health insurance
I tried that for many years while I was in business and I could never make it work. That was 13 years ago. I decided to find a job that had group insurance. That is where I am now. 2.5 years until Medicare and then I hang it up. Good luck on finding group insurance without going to work with a company that has group. oldtrig

[Ed_The_Gypsy]

Thanks, oldtrig. It is always best to talk to somebody who has been there, done that.