urn2bfree
Full time employment: Posting here.
- Joined
- Feb 14, 2011
- Messages
- 853
I retired. My wife still wanted to work. But lately the BS bucket is filling up for her, but she is paralyzed by fears.
Fear our portfolio will crash (60/40 with 2 1/2 +years in cash) - and a proposed WR of 3.3% on current value (not including the cash in the equation) easily supporting a generous monthly income.
But
Fear that health insurance will be unattainable or unaffordable or both. She Claims a friend (or is it a friend of a friend?) is currently paying $10,000 a month. Yes that is not a typo...$120,000 a year just to insure herself and her 3 children that this friend is somehow responsible for insuring... How is that possible or sustainable?
I figure $20,000 a year is a more reasonable amount to budget conservatively for health insurance for both of us. (Mid 50’s no serious health problems nor Rx's at present)
So what do the most brilliant retirees and wanna retirees on the Internet say?
Fear our portfolio will crash (60/40 with 2 1/2 +years in cash) - and a proposed WR of 3.3% on current value (not including the cash in the equation) easily supporting a generous monthly income.
But
Fear that health insurance will be unattainable or unaffordable or both. She Claims a friend (or is it a friend of a friend?) is currently paying $10,000 a month. Yes that is not a typo...$120,000 a year just to insure herself and her 3 children that this friend is somehow responsible for insuring... How is that possible or sustainable?
I figure $20,000 a year is a more reasonable amount to budget conservatively for health insurance for both of us. (Mid 50’s no serious health problems nor Rx's at present)
So what do the most brilliant retirees and wanna retirees on the Internet say?