We should know by the end of June 2021, possibly sooner, whether the ACA stands or not when SCOTUS gives a ruling on the case they will be hearing in November. If it goes away, what comes next could be small pieces and/or a long wait. Most legal experts think the ACA will stand.
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 Early-Retirement.org is a great community to join. Best of all it's totally FREE!
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Join Date: May 2013
Location: ATL --> Flyover Country
Originally Posted by garyt
Haha, when this came up in my email I was reading my original post thinking "this sounds like me" not realizing it IS me, lol. Things have sure improved since then. Retired 2 years and now up to 1.3 million. Can't believe it.
That is too funny!
Glad to see things have worked out OK. Your story (and success) will undoubtedly be read by others that are right on the edge.
FIRE'd in 2014 @ 40 Years Old
If you are debt free (no mortgage or car payments at least),then it is completely doable. We retired with about 500K about 2 years ago when I was 56 and are still doing well. We use the ACA as we keep our annual income from SEPP payments and savings bonds withdrawls very low. Also, make sure you have a bunch of cash on the sidelines for emergencies.
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