Recent content by fuelie60

the 1167 is not the monthly premium for insurance. it is the monthly amount if we had a bad year and had to pay out $14k in deductibles with zero insurance premiums

I would keep our tax return adjusted gross income in the $60-$65k range (I don't remember the exact amount, changed slightly each year due to interest and dividends) on our joint return. This gave me enough subsidy to cover pretty much 100% of the monthly insurance premiums for an Obamacare...

insurance at 57 If you are able to control your adjusted gross income number (by limiting pension withdrawals after accounting for other income) you can obtain the Obamacare subsidy to reduce or eliminate your monthly premium, then you have what amounts to self insurance and catastrophe...

It depends on your AGI. If your AGI is low enough you will get subsidies to help pay for the premiums.

Just an FYI. I retired at 56 and have had my medical insurance through the marketplace. It is basically catastrophe insurance, so plan on paying for your medical expenses (excluding annual physicals). If you are able to control what your taxable income is (ie: how much you pull out of your 401K)...