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

To: Steve Felix who wrote (28151)	11/5/2017 2:41:17 PM
From: E_K_S	1 Recommendation Recommended By Graustus Read Replies (2) \| Respond to of 34328

OT - grandfathered in from old COBRA policy My premium was +3.4% and is my original COBRA policy from 1990 when I left Lockheed. I was grandfathered into their plan which is top notch and only available through Kaiser. My big issue is I live in two different states (CA and NV) so an ACA exchange probably would not cover my time in the other State. (I never checked as the Kaiser plan is quite good and if I bought a similar plan in the open market it may/could be 25%-30% more per month.) As I approach 65 when Medicare kicks in, my strategy is/was to fund my ROTH every year up to the median average income 1st Tax rate using the IRA to ROTH partial transfer. By doing this, I would exclude the ACA subsidies to the benefit of funding my ROTH. I guess it would be much more transparent if all prices were quoted according to the same rate schedule/plan and if possible be universal for all States. The Gov could then provide a Medical/Health credit voucher to each individual based on some criteria (income, age etc). It would just be more transparent to everybody and then if/when there were basic universal plan offering, it would be much easier to price/compare. FWIW, the 2018 health care insurance coverage represents about 15% of my AGI (this includes the partial ROTH transfers that make up 60% of my AGI). I am on year 7 of a 12 year plan to get my two IRA accounts converted completely over to my ROTH account. Every year, I harvest portfolio losses to offset portfolio gains so my 'net' short/long term capital gains are small to zero and dividend (both qualified & unqualified)/interest income are offset by any extra losses that I might have. I keep the other gains inside the taxable portfolio and those assets pretty much generate all my 'other' dividend income. I do 'lot-based' accounting so I always have some high priced shares that I can book a loss in and buy back in 31 days. I have no 'earned' income so there are no contributions to IRA. Everything else is considered 'unearned' income. ----------------------------------------------------------------- I guess these are good problems to have to manage but this resulted from saving early, not spending over what I could afford and staying healthy. There are so many of the baby boomers that have not saved and/or invested for their retirement years that many must still work well into their late 60's. Hope you and your family are healthy going into your retirement and your friend(s) are too. Having a positive outlook and enjoying the day is very important too. For me, living my 60'th year, I am experiencing my inner child exploring new things, looking at investments in different ways and giving back to the community where possible. EKS