Yeah BiteMe tore up my plans for retirement this last month. My 403 has gone back up, hoping to recover a chunk of it lost but not holding my breath. If I can get a significant portion of it back and place it in a stability fund I’m gone at the end of next January. My company will pay for your health insurance for just you when you retire until you are eligible for Medicare. Whatever plan I am under is the one they pay for so I am going to take the primo plan next October and then I’m gone come January pending the market.
My wife is about to get a promotion to VP and an nice salary increase which would offset a good portion of my monthly income. She said you can actually retire and file for social security disability and I can as I have a neuromuscular disease which causes me a great deal of pain walking, I can’t even bend over. If you ever watched the series House in one episode House who’s on a cane and a pronounced limp-I have two canes and limp, says to a person, you see that drink across the room, before I will go get it I have to decide is it going to be worth the pain of each step? There are mornings when I have to force my legs to walk to the truck and get moving. I’m ready...
My HR staff said I could stay on the company sponsored healthcare plan as long as I'm working full time. They cautioned that the minute I sign up for Medicare, my ability to make HSA contributions halts. That is a BIG deal for my budget. My wife burns through most of my HSA account to cover her very expensive diabetes supplies (pump, infusion sites, cartridges, CGM sensors, CGM transmitter, insulin). Her dental expenses have been significant too. When she retires in August, she will be signing up for social security and Medicare. It remains to be seen how the expenses change at that point.