re: Retirement at 62 and Insurance/medication costs

Retired at 50. Used former employers "retiree" insurance until my wife and I both turned 65 (last year).

Company plan drops you at 65, we got on Medicare.

In 2009, I was paying 400ish month. It "crept" up to about 900 a month over those 15 yrs.

Long story short, I wouldn't have retired so early if I had to go to the marketplace to get insurance (the unknowns).

My wife was diagnosed with cancer in 2012. Medical bills probably would have bankrupted us without a decent insurance.

Since then my employer has changed their policy. You retire, you lose access to nay benefits.

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But I guess the 3 years from 62-65, you just have to handle the say $25k year for you and spouse for insurance and any major medical costs that come up,

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If you can start a Roth Conversion Ladder early enough, you can build enough Roth Conversions and Contributions to keep your MAGI low enough to make Obamacare free or affordable, but you have to plan ahead because a conversion has to have been in your account for five years for people younger than 59.5. For the OP at 62, he doesn't have to wait on conversions but it's probably too late to do that now.