workburnout
Recycles dryer sheets
Lets say I have enough money to live off my investments at age 50 or 55 or so. House paid off and low expenses.
I decide to stop working other than very part time (under 10 hrs a week, since I have customers where I get easy residual income that'd make no sense to pass up). Since I'm part time, my company then no longer covers health insurance.
Couldn't I buy health insurance through esurance.com or somewhere else (not ACA coverage - but private regular insurance), and have the same coverage as I always did?
This would cost a few hundred dollars a month premium, but I could afford it.
Or, what am I missing here?
It seems many people keep working longer than they want to for the health insurance.
Why don't they just buy it on their own - if they have enough saved already to live off their investments?
My thought is, a few extra hundred dollars a month premium should be affordable to someone who has saved and invested a lot over the years.
I decide to stop working other than very part time (under 10 hrs a week, since I have customers where I get easy residual income that'd make no sense to pass up). Since I'm part time, my company then no longer covers health insurance.
Couldn't I buy health insurance through esurance.com or somewhere else (not ACA coverage - but private regular insurance), and have the same coverage as I always did?
This would cost a few hundred dollars a month premium, but I could afford it.
Or, what am I missing here?
It seems many people keep working longer than they want to for the health insurance.
Why don't they just buy it on their own - if they have enough saved already to live off their investments?
My thought is, a few extra hundred dollars a month premium should be affordable to someone who has saved and invested a lot over the years.