pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
....The OP mentioned "It strikes me as a bit odd that you can actually have a substantial amount of money and still get hefty Obamacare subsides."
It does me too. I can't imagine retiring early if it depended on me getting government subsidies. I'd work OMY or two or three until I could afford it.
Maybe I'm stuck in another era, but I still think that anyone who chooses early retirement as a lifestyle choice shouldn't be getting subsidies.
I understand your view and debated that myself but disagree with you. You're sitting pretty high in the horse there....
I am prioritizing Roth conversions over Obamacare subsidies so our income will be too high for subsidies. While I concede it is stupid that subsidies are based on income rather than assets that is the way Congress designed it. We could have received subsidies had we structured our income correctly, considered it and decided Roth conversions were preferable. It is well established that citizens are entitled to structure their financial affairs as to minimize taxes and IMO the same principle applies to maximizing benefits. To me, it is no different from adopting a SS claiming strategy to maximize the SS benefits a couple is entitled to or tax efficient placement of your portfolio to minimize income taxes.
Besides, in most cases, if someone has saved enough to retire early, it is likely that they have paid lots of income taxes during their higher earning years and if they end up eligible for health insurance subsidies it is just evening the score a little IMO.
The view's good up here
Your response to mpeirce's post way above
....Agreed 100%.
I'll go away now.
Have a nice long ride on your high horse.
...Really? I posted something that deserved this?
If you had read the thread you'll see I posted the same response to mpeirce's post way above and you agreed 100% so I treated you similarly - after all, I would not want to discriminate. The difference is that mpeirce understood my intent was to give him a good-natured ribbing and you took offence.
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