The ACA also allows for health insurance premiums to increase 300% from age 30 to age 60. So if you retire early, be aware that your insurance rates will skyrocket. If you can adjust your taxable income by taking partial budget amounts from non-taxable accounts like ROTH, then you can get the ACA to pay part of the premiums through the Premium Tax Credit. That has reduced our health insurance costs (for 2) from $21K to under $2K per year.
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The ACA also allows for health insurance premiums to increase 300% from age 30 to age 60. So if you retire early, be aware that your insurance rates will skyrocket. If you can adjust your taxable income by taking partial budget amounts from non-taxable accounts like ROTH, then you can get the ACA to pay part of the premiums through the Premium Tax Credit. That has reduced our health insurance costs (for 2) from $21K to under $2K per year.
Post: On My Own—But Not
Link to comment from November 26, 2022