Dreaming of early retirement? There's a critical detail many people overlook: health insurance coverage in the years before Medicare kicks in at 65. In this episode of Purposeful Planning, we explore the healthcare gap that early retirees face and walk through your options, from the Health Insurance Marketplace to COBRA and Health Savings Accounts. Whether you're planning to retire in your fifties or helping someone navigate this transition, understanding these options is essential for making early retirement work.

Sources:

1. https://www.empower.com/the-currency/life/big-life-changes-research
2. https://crr.bc.edu/will-the-average-retirement-age-keep-rising/
3. https://www.transamericainstitute.org/research/publications/details/retiree-life-in-the-post-pandemic-economy-2024
4. https://www.healthcare.gov/quick-guide/
5. https://www.congress.gov/crs-product/R48290
6. https://www.gao.gov/products/gao-25-106798
7. https://www.kff.org/medicare/retiree-health-benefits-going-going-nearly-gone/#:~:text=For%20the%20past%2025%20years,down%20from%2066%25%20in%201988.
8. https://www.dol.gov/general/topic/health-plans/cobra
9. https://www.healthcare.gov/high-deductible-health-plan/hdhp-hsa-work-together/#:~:text=If%20you%20don't%20use,that%20Medicare%20doesn't%20cover.
10. https://www.aspenwealthmgmt.com/resource-center/retirement/medicare-made-easy-retirement-healthcare-costs

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