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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (9046)5/17/2011 11:06:44 AM
From: Steve Felix  Respond to of 34328
 
Are you saying Obamacare isn't the answer for us all? lol!

I have a hardworking friend that would be breaking the law right now. He had serious back problems / back surgeries, when he was young, but has built a good mowing / landscaping business with three employees even though he is physically limited.

His wife recently lost her job at a book distributor after being off too long due to physical problems not job related. There went their insurance.

She can't find a job now because of physical restrictions.

He says they can either have a life or insurance.

I hope nothing happens and she can find a job with benefits, but if something does happen, I suppose they are leeches on society.

Your method seems prudent. You are at least planning for the worst, something my friend may have wanted to spend some time on.



To: E_K_S who wrote (9046)11/29/2013 6:13:38 PM
From: Steve Felix1 Recommendation

Recommended By
fitzz

  Read Replies (1) | Respond to of 34328
 
"I am anticipating that the Medicare eligibility age will be increased by the time I qualify.
As a result, my planning includes self funding my health insurance which now costs more than my monthly mortgage payment."

Some real life. Not a problem in that the wife's pension was set aside for this, but our new monthly health insurance premium is $1663 compared to last years $1461. Money set aside would have had to put out 13.9% more income this year to cover.