What are Early Retirement Well being Insurance coverage Choices Earlier than Medicare?

By Amy Shepard, CFP, RMA

As a retirement planner, after I discuss with shoppers about “retiring early” I’m referring to retirement earlier than age 65. Age 65 has lengthy been thought of a “regular retirement age,” primarily as a result of that is when Medicare eligibility begins. 

There are many individuals who will work till 65 and even past, however for individuals who need to retire earlier than being eligible for Medicare, medical insurance is usually one of many largest considerations and bills throughout that transition from employment to retirement. For many who are lucky to have retiree medical advantages, the transition is probably not too tense. With fewer and fewer corporations providing medical advantages to retirees, there are two primary healthcare choices I discover with shoppers who want well being protection previous to age 65 on account of an early retirement:

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