I retired six+ years ago at age 57. The only thing that costs me a lot of money is individual health insurance ---- $1450/month for coverage on just myself at age 63.I too retired with low cost health insurance under employers early retirement plan. I was surprised when my insurance cost took a big bump at age 60. Part was increase due to age bracket, but also employer decided to cap their contribution to health insurance. So increases fell on me.And I looked into lower cost health insurance as advertized but preexisting condition meant I could not change policies. I was stuck paying employers rate.And guess what happened. Everyone healthy enough to leave did. So rates continued to rise because group costs kept going up.Mine did not get to $1450/mo (before I got on Medicare) but it did pass $900. Because it exceeded my modest pension check, income tax people questioned the deduction one year.But this is typical of the unexpected expense you can encounter in retirement. When I retired my health insurance premium was less than $100/mo.
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