Recent content by DonL

What would I do ........................... not spend time on an internet forum for advise

well isn't that what I started the thread to cover :greetings10:

For the most part it doesn't seem the ACA was really thought of as to early retires or real low income people Sent from my iPhone using Early Retirement Forum

I would say living on a smallish savings and no income is a different class of "retirement" than being to live on investment income. But thanks for helpful topic info Sent from my iPhone using Early Retirement Forum

So it sounds that far as an ACA plan you need to chose a provider with a large network like Blue Cross for general medical needs, otherwise you all be charged out of network for emergency issues. While I intend to retire to a boat and travel and not really have a fixed home, this all seems...

I hope those on the thread complaining about making so much money that they never will qualify for a subsidy really don't expect people to feel bad about them. They obviously don't need a subsidy. The question was how people people with no or too low income, those in need, could get one.

Maybe if any of the posts after that had anything to do with the question I would check more often :rolleyes: And I wasn't interested in discussing Roth IRAs

if you already have enough saved, and you really want to retiree .............. then the answer to the original question is that you just do it

I'm hoping for real user experience. Maybe I should go look for an RV forum.

I've figured out the answer and will post it (BTW turns out this is a typical forum) We withdraw $22000 from our 401ks, which counts as income (don't think I will pay a penalty but even if I do it is a savings). This turns a silver plan from a cost of $589 to $31 month. This saves $6,696/yr on...

For those on an ACA or State Medicaid health plan, does it cover you in other states when traveling (I don't really expect to ever be in my home State). If it means you have to pay and get reimbursed, that's coverage to my mind.

That's basically withdrawing from my 401k and I said that in the original post.

Yes I have SOME income, but it isn't worth factoring in. My savings are cash as that is completely safe and was planned to allow living off of till I could draw from 401k with no penalty (not as "rich" as some of you must be to be talking about dividends etc :() I've watched my investments...

I'm not stopping working next year till about Sept. For that year we will have made way too much to get a subsidy. I would love to hear from someone similar to me that has gotten Medicaid! I did a site search and couldn't find and threads that had my question, if anyone knows of one a link...

I plan to stop working and go sailing next year at age 56 (wife 55). At that time we will have no earnings/income and will be living off savings and later 401K till SS age. Near as I can tell if you have no income you can not get a subsidy on an ACA plan. But we aren't disabled etc to get on...