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Updated about 7 years ago on . Most recent reply

User Stats

1,142
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762
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Susan Maneck
  • Investor
  • Jackson, MS
762
Votes |
1,142
Posts

Health Insurance Dilemna

Susan Maneck
  • Investor
  • Jackson, MS
Posted

Hi folks, 

I did it! 

After investing in real estate for the just six years I now have enough income to retire without having to draw on my Social Security. In fact, I'm reaching the point where I need to retire due to my mother's declining health. 

There is just one problem. If I retire at the end of the spring semester at 62 I will only have health insurance for 18 months via COBRA, then there will be another year before Medicare kicks in. What happens if I retire and then ObamaCare goes away? Mind you, I have all the usual middle-age pre-existing conditions. Needless to say, one medical catastrophe could wipe out all my hard-earned investments. 

Those of you who retired early before ObamaCare how did you do it? 

warmest, Susan 

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