Join Early Retirement Today
Thread Tools Search this Thread Display Modes
FIREcalc and value of Medicare
Old 10-02-2004, 06:47 AM   #1
Posts: n/a
FIREcalc and value of Medicare

In FIREcalc, I want to use a withdrawal change in the year of Medicare eligibility to reflect the expected reduction of health insurance cost. Does anyone have a ballpark figure to use? I'm guessing Medicare coverage for two might be worth close to $10 today? I looked at but couldn't find any hard data on this...

  Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: FIREcalc and value of Medicare
Old 11-06-2004, 09:42 AM   #2
Recycles dryer sheets
Join Date: Jun 2002
Posts: 374
Re: FIREcalc and value of Medicare

I haven't done that because I expect that Medicare benefits will likely be reduced or means-tested, and I also expect that supplemental healh insurance packages will be more costly in he future, largely offsetting the reduction in living expenses that the start of Medicare would allow.


Cb is offline   Reply With Quote
Re: FIREcalc and value of Medicare
Old 11-06-2004, 10:56 AM   #3
Full time employment: Posting here.
Join Date: Sep 2003
Posts: 902
Re: FIREcalc and value of Medicare

I think it will be a wash, at best. I'm 13 years from Medicare - IF no changes are made. Within that time I expect healthcare to outpace inflation by a good margin. Any help I get from Medicare down the road will simply help to keep me from sinking deeper into the hole I will be in by that time.
Bob_Smith is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Quick Links

All times are GMT -6. The time now is 10:11 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.