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No. of Recommendations: 10
Conveniently, Motorola had a post-retiree, pre-65 health insurance policy, so I didn't need to fiddle with any of that stuff.

Oh, my employer offers retiree coverage, too. They offer it to me for 167% of the price of an unsubsidized ACA policy in my area ($1167/month vs. $700/month). My employer's plan is more comprehensive and has lower deductibles, but comparing the total premiums plus the max out of pocket, the ACA plan is still cheaper. And for a better case scenario, the cheaper premiums more than cover the difference in premiums. So even though the ACA insurance is not as comprehensive, it's still a much better deal for me. As the benefits rep told me when I retired - 'most people can get cheaper coverage on the marketplace'.

I'm sure quite a few people retire 5-7 years early, but darn few retire 20-30 years early.

Even retiring 5 - 7 years early leaves a significant gap in insurance coverage before Medicare kicks in, and people need to plan for that. Just because you didn't have to cover that gap doesn't mean that other people don't need to. If you don't want to read about covering that gap, just scroll on, rather than bragging about the fact that you never had a gap to cover.

AJ
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