SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Felix who wrote (29950)11/3/2018 12:26:19 PM
From: E_K_S2 Recommendations

Recommended By
Fast Eddie
Kip S

  Read Replies (2) of 34328
 
KAISER top Gold plan (grandfathered since 1990) + 2% increase for 2019 to $780/month (age 60). Next 5 years at a 2% annual increase is well below my estimates when I qualify for Medicare (that age may/could change).

I think Medicare w/ the plan B policy will be 60% less than what I estimate at age 65 but rates/plans may/could change.

FWIW, I built a separate portfolio almost 10 years ago and funded it w/ $100K specifically to cover all future medical expenses. I had many dividend payers as well as some risky Bonds (MHRpA 'blew up'). So far have generated enough dividend income to pay all of the monthly premiums. Sitting w/ enough cash to fund another year, so will let dividend income accumulate w/ may/could add another 7 months of estimated insurance fees.

Current value of the portfolio is $85K and that includes a few bad stock/bond/preferred picks (I think SDRL was in there too which went BK). Plan still working as designed.

I use the auto credit card Pay feature on the account and receive 2% cash back that goes into the cash bucket.

I am lucky to be in good health, have the funds to set up this separate 'health insurance' account and still have plenty of investment capital to deploy in both taxable and retirement accounts.

The next generation burdened w/ these college loans will make it very hard for them to plan ahead. I would support our Federal Gov funding all college (secondary) education (an investment in our human capital) and reducing equivalent expenditures to other Nations/War conflicts and/or military funding increases.

There will be some very important decisions our Senate/Congress & POTUS need to address to help the next generation work/build our great country.

The key for me was having a 20-30 year plan. Our government needs to look out that far (if not more) too.

Been going over my ballot this AM. Everybody be sure to go Vote on Tuesday.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News