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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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