Many American workers retire just in time for Social Security benefits but a little too early for Medicare coverage. The average retirement age is 62, according to a study from Mass Mutual (1), which ...
You’ve worked hard and saved smart over the years, and you’ve earned yourself an early retirement. Maybe you want to retreat to a warmer climate. Maybe you want to travel more while you’re still able.
Quick Summary Spending $10,000 a month in retirement is achievable, but retiring at 55, 62, or 65 can change your required ...
We are in the middle of what is termed open enrollment period for government health insurance plans. This program called the Affordable Care Act, or ACA, often referred to as Obamacare, is now 12 ...
The scrapping of this key ACA subsidy, coupled with the estimated 18% increase in premiums for ACA Health Insurance Marketplace plans, is making health care unaffordable for many Americans. Early ...
Retiring before 65 is often fantastic news with one big caveat: your employer health coverage goes away, and there's a gap to fill before Medicare begins. That gap can get expensive fast, especially ...
Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. Are you a retiree or pre-retiree who’s worried about health care ...
Rising health care costs threaten early retirement for Americans 50 to 64. With enhanced ACA subsidies expired, premiums may double or triple, reaching $16,500 for some. Congress may extend relief, ...
For people pursuing financial independence and early retirement, commonly referred to as “FIRE,” health-insurance premiums are often among the top budgeting priorities. This is especially the case now ...
Retiring early might seem ideal for many people. If you think you are ready to retire early, there are still some financial risks you should watch for.