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Retiring Early? 9 Ways to Cover Your Health Care Costs
Retiring Early? 9 Ways to Cover Your Health Care Costs
Here are some options for paying for health care if you retire before you re eligible for Medicare.
This story originally appeared on NewRetirement.
There are a lot of hurdles to overcome when figuring out how to retire early before 65. However, early retirement health care is one of the most fiscally challenging. Medical care is going to be expensive no matter when you retire, but the picture is more serious for those who retire early, by choice or otherwise.
Medicare isn’t available until age 65, and self-insuring in your 40s, 50s, and 60s can be prohibitively expensive. Never mind that you typically face more health challenges as you age and are therefore more likely to use health care. ....

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