Thank you for your replies.
I do have one child we'll be paying for coverage for the next three years. I used the Kaiser site for the premium estimate and their statement that the premium typically covers 70% of the cost to reach the medical total. Then added a bit for out of pocket vision...
Hello,
I am considering retiring next year and would appreciate any comments on estimating medical expenses. I'm using both Fidelity RIP and Firecalc to get multiple calculations.
My situation:
My age: 57
Spouse's age: 58
Location: west Texas
Assumptions:
Now until age 65:
$18,000 all-in...