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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Top 5 Options for Health Insurance If You Retire Early

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 23 January 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

In today's episode of the Early Retirement Podcast, Ari discusses 5 options for health insurance if you retire early. NEW! Free E-Book: A Complete Guide To An Early Retirement Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients navigate the nuances of an early retirement (non-traditional retirement). Create Your Custom Strategy To Retire Early Let's Connect! WebsiteYouTubeLinkedInENJOYED THE SHOW? Don't miss ou...

Transcript

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0:00.0

Welcome back to the early retirement podcast, and if you want to retire early, you likely will no

0:04.9

longer have to worry about work, and not just likely, you won't have to worry about it because

0:09.4

you're no longer working. However, you are going to have to think about where is health insurance

0:14.0

going to come from if you want to retire early, and when I say early, before age 65, before you're

0:20.1

eligible for Medicare, you're going to want to

0:22.4

consider where do I buy health insurance to bridge that gap in coverage? Should you go to the

0:28.4

private marketplace? Should you go get a second job? Should you look at a spouse's coverage?

0:34.0

Those are all of the types of things that we're going to be talking about during today's

0:37.4

episode. And once again, I just hop right into the episodes as opposed to having that intro. I shared that

0:43.0

on a previous episode. So if you are new to the podcast, welcome. If you are a long time listener,

0:48.6

thank you for your support. My kind ask is that if you find anything in this episode helpful,

0:53.9

please do rate it five stars

0:55.5

and leave a kind review to let me know what has been helpful. I always love to hear how you guys

1:00.8

are feeling about the podcast, ways I can improve the show, and just feedback. So thank you. It's been

1:06.4

really fun getting to see the podcast grow over the past few years, and I want to help more people

1:11.3

retire early. So thank you for helping me. The first thing here when it comes to an early

1:16.1

retirement, when it comes to health insurance, is when do you qualify for Medicare? So one thing that

1:21.9

people tend to forget about, and it's probably because it doesn't apply to you, but I couldn't

1:26.0

sleep a night if I didn't at least say this so that you all know that this is an option, which is, you're right. In most cases,

1:32.5

you only qualify for Medicare when you become 65. However, please note the following, which I,

1:37.9

once again, unlikely it applies to you, but I just have to say it for my conscience, if that's

1:42.1

okay. If you're under 65, you may be eligible to enroll in Medicare.

...

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