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re: Retiring at 50 with $2MM in savings
Posted on 5/11/26 at 2:50 pm to notsince98
Posted on 5/11/26 at 2:50 pm to notsince98
Did she address healthcare? Any retirement prior to Medicare needs to take this into account.
1
Posted on 5/11/26 at 3:24 pm to SquatchDawg
She just listed $120k a year as a desired income example
But yes I think safe to say $25k a year for health care that include monthly premiums for a HDP and then the corresponding out of pocket till you hit your maximum exposure
I am counting on about $35k per year for medical insurance a year once I hit 50 in 7 years
Gonna suck but I guess I could drive a school bus or something if I get tired of paying that much out of pocket
But yes I think safe to say $25k a year for health care that include monthly premiums for a HDP and then the corresponding out of pocket till you hit your maximum exposure
I am counting on about $35k per year for medical insurance a year once I hit 50 in 7 years
Gonna suck but I guess I could drive a school bus or something if I get tired of paying that much out of pocket
This post was edited on 5/11/26 at 3:25 pm
Posted on 5/11/26 at 3:27 pm to notsince98
I listened to Big_Money_Mo for financial advice. He made me a killing by suggesting oil stocks
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