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Strategies & Market Trends : Dividend investing for retirement
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To: Steve Felix who wrote (28160)11/6/2017 9:35:06 AM
From: maverick612 Recommendations

Recommended By
alanballow
E_K_S

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OT - Healthcare is a wreck. I agree completely. And I worked in healthcare management for 10+ years and now in a different industry, am a trustee on a healthcare consortium.

As a fiscal conservative I hated with a passion that Obamacare was passed. Still do. It makes zero sense that someone who has the means to retire early like you Steve (not picking on you, just using you as an example, you did not make the rules) gets free healthcare. Goes against everything I believe. Hard work, self sufficiency, being responsible for yourself.

And yet now I will soon face a conundrum. I mentioned I plan to retire the middle of next year. I will be 57, wife will be 60. I too am in PA. I budgeted $20K a year to cover healthcare costs til age 65. Since Obamacare has destroyed the individual insurance market, my only choice after COBRA will be to go on a plan from the exchange. And given my only income will be dividend / interest and capital gains, you bet damn well sure I will manage it to stay under that $64K or whatever cap and go on the government dole. It will piss me off to do so because I don't believe in that and I am financially comfortable enough. The way I will rationalize it to myself is I am just finally getting something back for all the years of very high taxes I paid the government. But yes, healthcare and Obamacare in particular is a wreck
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