I tried searching and reading some other threads, but couldn’t really find what I was looking for.
Our original plan was to retire early next summer at 53 and move out of the country where healthcare and insurance is much more affordable. But plans have changed and we will most likely remain in the US.
Can someone give me a brief explanation of subsidies and if they are just based on actual income and not how much money you have in savings and retirement accounts?
I would still like to try to retire next year, but the cost of insurance, rent, and all other expenses would make me feel uncomfortable retiring early if we are staying in the US. We are healthy at the moment, but do not feel comfortable not having decent health coverage while in the US.
Are there any recommendations on where to go for a bronze or silver plan if retiring early? Would most likely be in North Carolina or Tennessee.
Sorry if there are other threads that cover this. I tried searching and reading a few. It this insurance crap is confusing.
Many thanks!
Our original plan was to retire early next summer at 53 and move out of the country where healthcare and insurance is much more affordable. But plans have changed and we will most likely remain in the US.
Can someone give me a brief explanation of subsidies and if they are just based on actual income and not how much money you have in savings and retirement accounts?
I would still like to try to retire next year, but the cost of insurance, rent, and all other expenses would make me feel uncomfortable retiring early if we are staying in the US. We are healthy at the moment, but do not feel comfortable not having decent health coverage while in the US.
Are there any recommendations on where to go for a bronze or silver plan if retiring early? Would most likely be in North Carolina or Tennessee.
Sorry if there are other threads that cover this. I tried searching and reading a few. It this insurance crap is confusing.
Many thanks!