Comments on: Health Care In Retirement – Retiring With Zero Health Care Costs? https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/ Drop your 9 to-5 for good Tue, 07 May 2024 15:25:55 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: @Jazzwealth https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10756 Tue, 07 May 2024 13:30:46 +0000 https://hotsidehustles.com/?p=3736#comment-10756 In reply to @bryonjames1737.

Thanks for watching!

]]> By: @bryonjames1737 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10755 Tue, 07 May 2024 12:18:31 +0000 https://hotsidehustles.com/?p=3736#comment-10755 Very interesting something to think about

]]> By: @andrewroth9175 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10759 Tue, 07 May 2024 10:57:12 +0000 https://hotsidehustles.com/?p=3736#comment-10759 We’re in 2024 these numbers are up from

]]> By: @Jazzwealth https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10747 Mon, 06 May 2024 20:51:42 +0000 https://hotsidehustles.com/?p=3736#comment-10747 In reply to @jameslawrence2553.

Thanks for watching!

]]> By: @jameslawrence2553 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10746 Mon, 06 May 2024 19:28:10 +0000 https://hotsidehustles.com/?p=3736#comment-10746 I love these technical videos, great job!

]]> By: @randolphh8005 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10745 Mon, 06 May 2024 19:23:49 +0000 https://hotsidehustles.com/?p=3736#comment-10745 We have used the ACA for most of the last few years. The insurance varies and can be free, but more likely just severely discounted via credits. Note that the credits are progressive, the closer you are to the minimum, the larger the credits are.
We were able to get an HSA eligible plan most years, and contribute while on ACA.
Medicare is generally a better deal, but the ACA has been reasonable and saved a lot of money. Note that plans and costs vary by county.
We have actually CONTRIBUTED to Roths the last 3 years while on ACA, in lieu of conversions as I still had PT income.

The major negative of ACA is that it minimizes options for Roth Conversion during the time it is often ideal otherwise.

I’m not a big fan of 30yr calculations on taxes and portfolio size from age 60, as it cherry picks the data. Give me numbers 15-20 years out which is when they will matter more.

]]> By: @Jazzwealth https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10758 Mon, 06 May 2024 19:15:07 +0000 https://hotsidehustles.com/?p=3736#comment-10758 In reply to @swamprat9018.

Ha! Agreed! Every plan is special just like you swamp rat 😉 Chris is great! You’ll come around on him eventually!

]]> By: @Jazzwealth https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10754 Mon, 06 May 2024 19:10:33 +0000 https://hotsidehustles.com/?p=3736#comment-10754 In reply to @davidmay2294.

Thanks for watching! Sounds like a good plan, but be careful if you do not have any earned income then you’ll be unable to contribute to your Roth in retirement 🙂

]]> By: @davidmay2294 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10753 Mon, 06 May 2024 18:38:09 +0000 https://hotsidehustles.com/?p=3736#comment-10753 You make a very good point. I am still planning on saving my roth ira till last, just to get that extra compounding time. I would say if your roth has a smaller balance, and not still contributing to it. Maybe using that first.. but I plan on still contributing to my roth ira in retirement if funds allow.

]]> By: @swamprat9018 https://hotsidehustles.com/health-care-in-retirement-retiring-with-zero-health-care-costs/#comment-10757 Mon, 06 May 2024 18:22:56 +0000 https://hotsidehustles.com/?p=3736#comment-10757 Look at you getting all technical. so 273,347 plus 60k health care cost = 333,347 vs 436,461 Oh wait We are dead before end of plan. never mine. I believe there is a balance for most people somewhere in the middle with slight use of Roth earlier that affects taxes also. Also is Chris as awkward in person as he is on the videos? asking for a friend.

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