Tag: health care

Signing up for Affordable Care Act / ACA / Obamacare health insurance for early retirement, as early retirees

Signing Up for ACA/Obamacare Health Insurance for Early Retirement

We are officially covered by an Affordable Care Act (ACA) / Obamacare health insurance plan. Though getting covered was not as easy as we’d expected, and there were some big lessons we learned that all early retirees should know. Plus we talk about the challenge of projecting our income and revisit the benefits of keeping income low for health care purposes.

The Income Streams Our Early Retirement Is (Now) Built On

When we first formulated a real early retirement plan, it was based on the rigid belief that we’d never, ever work again. Or at least never *have* to work again. And while that’s still true — we haven’t expedited our plan by forcing ourselves to earn income in the future — we now expect to get a much more diversified set of income streams in early retirement. In part because life happens and we’ve made some different choices along the way. And in part because that recession hasn’t hit yet, health care is still up in the air, and it makes sense to keep hedging against sequence risk and health insurance uncertainty.

Don't Forget About Your Later Years // Planning for Early AND Traditional Retirement -- make sure your planning includes planning for early retirement, and all the considerations that go into traditional retirement planning

Don’t Forget About Your Later Years // Planning for Early AND Traditional Retirement

We know — the excitement of the *early* part of early retirement is powerful. So much so that it’s easy to focus our retirement planning mostly on those early years. The later years are also so much harder to predict — more variables, a longer time horizon, more unknown unknowns. But as we’ve seen in our own planning, it’s easy to have an inadvertent early phase bias built in — here’s how to suss that out and ensure that you’re planning for both your early retirement and traditional retirement.

What We Know and Still Don't Know About Early Retirement Health Care // Affordable Care Act, Obamacare, Health Insurance, Health Care Coverage, Early Retirement, Financial Independence, Senate Health Care Bill, AHCA, Early Retirees

What We Know — and Still Don’t Know — About Early Retirement Health Care

Things have been moving quickly in the health care debate, which many of us on the verge of early retirement have been eyeing closely. Just this week, the latest Senate proposals to reform the Affordable Care Act and the later proposal to repeal it altogether were withdrawn. So where does that leave us all? What do we know? And more importantly, what do we still not know about health care and costs for early retirement? Let’s take a close look.

Pre-Early Retirement To Do List // What To Do Before and After You Retire Early

The Before and After Early Retirement To Do Lists

Our early retirement might be right around the corner, but we still have a lot to do before the year is up to make sure that we’re truly ready to make the big leap. Then after we pull the plug, we have a different set of things to do. Here are our big lists of things to do before we retire early, and right after, as well as things we’ve already checked off the list this year. Are we missing anything? Let us know!

Making Sure Our Retirement Is a Long and Healthy One // Planning for Longevity

We’ve talked a lot about health care lately, given the political climate, but not health itself. And health is super important to us. Why bother planning for a long retirement if we aren’t going to stay healthy enough to enjoy it? Here’s everything we’re doing and thinking about to increase our chances of reaching a ripe old age in good health.

Staring Into the Early Retirement Health Care Abyss

The best thing the Affordable Care Act did for early retirees was introduce some level of predictability about health care costs, and all indications are that that predictability is about to go away, no matter where things land with a new health care law. And that’s a big deal for early retirees. Here are some things you should be thinking about, especially if you’re planning to retire soon.

OurNextLife.com // Optimizing Our Early Retirement Income // Taxes and ACA vs Actual Cashflow

Optimizing Our Retirement Income // ACA and Taxes Vs Actual Cashflow

There’s an issue that we’ve struggled to get our heads around, which we’ll call our optimal retirement income: a level at which we get a big Obamacare/ACA subsidy on our health insurance, we pay low taxes and we enjoy a comfortable standard of living. But calculating that number is not as straightforward as it seems. Enter the income vs. cashflow discrepancy!

OurNextLife.com // Early Retirement, Financial Indpendence, Adventure -- Green Ferns header photo

Planning for Health Care in Early Retirement

We value our health pretty much above everything. If we had a such thing as a “health portfolio,” it’s safe to say we’d value that above its financial counterpart. Something we are thinking a lot about is how we’ll ensure that we always have access to good quality medical care at every stage of our lives. Here’s the rundown of options we’re currently considering as the landscape keeps shifting.