Prague
Recycles dryer sheets
- Joined
- Apr 20, 2017
- Messages
- 53
I am in my late 40s and husband in his early 50s and we currently plan to retire end of this year/early next year. Our net worth is about 5m with 60% of it in taxable accounts and the rest in IRAs/401Ks. Our taxable account should generate between 110K-120K a year for us and we plan to use that to pay for our living expenses before SS kicks in. One thing that we struggle with very much is the US health insurance market for people in our situation (i.e. early retirees and almost 15-20 years before we are eligible for Medicare). It is not just the expense of this but also the uncertainty (right now, I don't even know how much we should budget for it). Currently we plan to use my husband's COBRA for 18 months after he retires, but after that, what would be our options for our healthcare insurance? Would like to hear specifics of what you have done and experienced. Greatly appreciated!