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We sense that inflation in health care insurance is our greatest threat to financial planning in retirement. The full-coverage Blue Shield insurance through my wife's former employer costs a little over 10% of the income we take (social security + pension w COLA + RMD from an inherited IRA). For the first time, this year did we were notified the rate was dropping slightly.

Our plan is to move eventually into a retirement community in Montecito that has level costs regardless of the level of service required. Buyin for a two bedroom unit is about $500K with a fee of about $2500 month. It is rather like living at a deluxe resort that also happens to have extensive medical facilities. (Indeed many of the residents also own other homes.)


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