Healthcare Hacks for Early Retirees: What You Need to Know

In this episode of the Retire Early Podcast, financial advisors and retirement planners Sam Benson and Linwood Fraher of Martin Wealth Solutions discuss the crucial topic of managing healthcare costs for early retirees before Medicare eligibility at age 65. They dive into various healthcare coverage options such as COBRA, ACA Marketplace, Christian Health Sharing plans, and part-time work benefits. They emphasize the importance of planning for medical expenses, understanding potential pitfalls, and consulting with a financial planner to ensure a smooth transition into early retirement.

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00:00 Introduction and Podcast Overview 00:13 The Importance of Healthcare in Early Retirement 00:56 Personal Experiences and Client Stories 01:19 Healthcare Costs and Budgeting 05:21 Options for Healthcare Coverage Before Medicare 05:29 Cobra Coverage Explained 06:17 ACA Marketplace and Income-Based Subsidies 09:27 Faith-Based Health Sharing Plans 12:35 Part-Time Work for Health Coverage 16:04 Comparing Healthcare Plans 21:01 Conclusion and Final Thoughts

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