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137 - What Do People Do For Health Insurance If They Retire Early?
Description
Listener Question
I'm a 48 year old single woman who wants to retire in my mid 50's (or sooner) I have about $400,000 in investments of which only about 12% is in after tax savings I just started a new job making with bonus about $105,000 a year previously only made 55,000 my plan is to live on half my new income. I now max out my 401k, hsa, & Roth IRa and put the rest in my after tax brokerage (which was unable to do in the past). My FIRE # is 1.5 million my question is do you feel I have good plan and what do people do for health insurance if they retire in there mid 50's?
Planning Points Discussed
- Retirement Planning
- Utilizing Time Efficiently
- Capital Appreciation
- Purchasing Power
- Other issues (IRAs, Inflation, Financial Goals, etc.)
Timestamps:
3:57 - FIRE #
6:02 - Financial Planning Expenses
8:04 - Balancing Goals
10:25 - Early Retirement
16:54 - Time & Freedom
19:28 - Health Subsidies
22:05 - Aligning Your Financial Goals
LET'S CONNECT!
James
Scott
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