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Author: telegraph Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: Question for Retired Fools Date: 7/30/2012 9:19 AM
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If you can, you can go on COBRA for insurance for 18 months. Then you'll need a private policy to tide you over to age 65 when Medicare kicks in.

So time your retirement accordingly.

Likely, you'll have to get high deductible health care insurance.....to cover you for 18 months. or whatever you decide.

If you start taking SS at 62, you'll drop your monthly income by about 40% compared to taking it at your 'normal' age of likely 66 plus these days.


you still get Medicare at 65 regardless of when you take your SS.


t.
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