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

To: Steve Felix who wrote (29950)	11/3/2018 12:13:40 PM
From: Ditchdigger	Respond to of 34328

Remember I live in Bernie country. Here the upper income threshold limit for the property tax adjustment is $147,500! (can you believe it) tax.vermont.gov For me regarding healthcare choice, certainly price is a factor, but... it boils down to the max out of pocket limit number, that number is what I'm paying for. Jeez Louise, raining here again!

To: Steve Felix who wrote (29950)	11/3/2018 12:26:19 PM
From: E_K_S	2 Recommendations Recommended By Fast Eddie Kip S Read Replies (2) \| Respond to 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

To: Steve Felix who wrote (29950)	11/3/2018 1:02:59 PM
From: Ditchdigger	Respond to of 34328

Since it's raining and I'm once again bored, I decided to run some numbers on the state exchange here. Using a married couple (he 63,her 64), good health and an income of $65K and...not offered insurance through their job(that's a biggy here) Subsidy would be $709/month. These are the 3 most expensive plans listed. And the 3 least expensive plans

To: Steve Felix who wrote (29950)	11/3/2018 1:07:45 PM
From: maverick61	Read Replies (1) \| Respond to of 34328

OT - Healthcare - You definitely have to watch your step with the current system. Agreed. I recently retired a few months ago and am trying to work on my healthcare options now. It depends on whether my wife retires the first week of January or works til next July. But assuming she retires the first week of January, I am trying to manage keeping our income below the $32920 threshhold for ACA purposes. Problem is she will get some paid out accrued vacation in January (and there is a reason for her to work til January and not retire in December). So my plan will be to have her put all that in her 401k if possible. Looking at the ACA plans, there is a big impact on total out of pocket costs / deductibles if a family of 2 can stay below the $32K and change threshold. One question for anyone on the ACA plans as this will be my first year. Do co-pays on your drugs count toward your total out of pocket / deductible limits? I ask because I take one medication that would be a specialty medicine and subject to quite a high co-pay. Thanks

To: Steve Felix who wrote (29950)	11/3/2018 1:21:22 PM
From: John Koligman	Read Replies (1) \| Respond to of 34328

"Another surprise may be that the cost is the same even if one spouse goes on medicare. I'm eligible Jan. 2020. Checked out what it would cost for eleven months until the wife is eligible. Exactly the same." I'm a bit confused about that statement. I have a similiar situation, for 2019 I'm eligible for medicare starting Feb 1st, so I need a plan for one month but my wife needs one for the entire year. Going through the signup process, you can separate yourselves into 'two' groups and then pick a different plan for each of you. The cost for her is half of what it would be for both of us, and I will simply pick the cheapest bronze plan to get 'catastrophic' coverage for one month. If you are picking one plan to cover both of you, I'm not sure exactly what happens, but would think once you notify the ACA folks that one of you is dropping out, adjustments would be made. They already knew I was close to medicare age when signing up, as a message popped up telling me to notify them when that 'blessed event' <gg> took place. Regards, John PS - I investigated those 'temporary plans' being pushed out there, in going through the application process on the United Healthcare website, they ask the following: ----------------------------------------------------------------------------------------------------------------------------------------------- --------------------------------------- Within the last 5 years, has any applicant received medical or surgical consultation, advice, or treatment, including medication, for any of the following: blood disorders, liver disorders, kidney disorders, chronic obstructive pulmonary disorder (COPD) or emphysema, diabetes, cancer, multiple sclerosis, heart or circulatory system disorders (excluding high blood pressure), Crohn’s disease or ulcerative colitis, or alcohol or drug abuse or immune system disorders? The person(s) named will not be covered under the policy/certificate. NoYes Has any applicant had testing performed and has not received results, or been advised by a medical professional to have treatment, testing, or surgery that has not been performed? The person(s) named will not be covered under the policy/certificate. NoYes Within the last 5 years, has any applicant received treatment, advice, medication, or surgical consultation for HIV infection from a doctor or other licensed clinical professional, or had a positive test for HIV infection performed by a doctor or other licensed clinical professional? The person(s) named will not be covered under the policy/certificate. ------------------------------------------------------------------------------------------------------------------------------------------------ So bottom line, if you have been sick over the past five years they will not even issue you a policy. Just like the good old pre ACA days... Regards, John