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One the of biggest concerns for those who retire early is health care insurance. Few of us are fortunate enough to be able to retire early and have our health insurance needs taken care of. Also, Medicare doesn’t kick in until age 65. So if you want to retire in your 30’s,40’s or 50’s  health insurance is an important issue. Unexpected medical expenses can easily wipe out your hard earned life savings. The key word is unexpected - unfortunately you just don’t know when or if they are going to happen. Also as you age the possibility of having those expenses will increase. One possible solution to this problem is to consider a semi-retirement.



There are some companies where you can work about 20 hours a week and be covered under their health insurance. Generally there is a waiting period from three to ten months until you become eligible. If you are retiring from a job where you have health care benefits you might want to consider using COBRA until you are eligible for benefits at your new place. Granted most of these are minimum wage jobs but then again it is only 20 hours a week.  Many of these companies are flexible with scheduling. If you can find one of these jobs that kind of appeals to you, it can be a good solution until you are eligible for Medicare.

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Visit us at fasthowto.com to find more tips on early retirement How-To-Take-Steps-Towards-Early-Retirement and also visit us at over50web.com for more information about retiring early Save For Retirement

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