ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I am currently 64 DW is 60. I will be 65 in Jan 2019 . I am trying to decide whether to Take SS at 65 when I start Medicare. I calculated that my Break Even point is 80 years for me, by which time I will most likely be 6' under pushing up the daisies. DW also has a decent SS, so spousal SS after I have Karked it is not too significant.
As I see it, DW has another 5 years to source affordable health care. If I take SS at 65, with all things being equal, it will effectively increase our MAGI where the ACA subsidies are cut in half, drastically increasing her healthcare costs. So a chunk of my SS will have to go to here HC costs.
If I wait till FRA (66), OK I will get a small monthly increase but would have to fund my Medicare from alternative sources. I really do not want to wait till 70 to take SS, as the chances I will still be firing on all 8 cylinders are not that slim, but not that good either. (Based on my health and Family history)
Hence my dilemma, I know this is not really a question as such, so I am looking for comments and opinions.
As I see it, DW has another 5 years to source affordable health care. If I take SS at 65, with all things being equal, it will effectively increase our MAGI where the ACA subsidies are cut in half, drastically increasing her healthcare costs. So a chunk of my SS will have to go to here HC costs.
If I wait till FRA (66), OK I will get a small monthly increase but would have to fund my Medicare from alternative sources. I really do not want to wait till 70 to take SS, as the chances I will still be firing on all 8 cylinders are not that slim, but not that good either. (Based on my health and Family history)
Hence my dilemma, I know this is not really a question as such, so I am looking for comments and opinions.