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The Water Cooler
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health insurance
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<blockquote data-quote="Cinaet" data-source="post: 2921180" data-attributes="member: 14666"><p>Don't do that. Go back to work if you have to, but don't touch your savings. You're going to need that money later. That money probably isn't as much as you think it is. If you have to get a part time job for a couple of years just bite the bullet. You're not alone.</p><p></p><p></p><p></p><p>Another bad choice. Post 60 your odds are getting worse for health issues. It doesn't take much in the way of health problems to wipe out a respectable saving/investment plan. As ungodly as premiums are, medical costs make those premiums seem reasonable. You're best off protecting yourself somehow. Maybe find the highest deductible, least expensive plan available and cross your fingers until Medicare kicks in? We had a couple of fairly common medical issues after 65. Without insurance and Medicare we'd be homeless right now even though we were in decent shape financially at the time.</p></blockquote><p></p>
[QUOTE="Cinaet, post: 2921180, member: 14666"] Don't do that. Go back to work if you have to, but don't touch your savings. You're going to need that money later. That money probably isn't as much as you think it is. If you have to get a part time job for a couple of years just bite the bullet. You're not alone. Another bad choice. Post 60 your odds are getting worse for health issues. It doesn't take much in the way of health problems to wipe out a respectable saving/investment plan. As ungodly as premiums are, medical costs make those premiums seem reasonable. You're best off protecting yourself somehow. Maybe find the highest deductible, least expensive plan available and cross your fingers until Medicare kicks in? We had a couple of fairly common medical issues after 65. Without insurance and Medicare we'd be homeless right now even though we were in decent shape financially at the time. [/QUOTE]
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