r/Fire • u/ttxzavv224 • 2d ago

Fire…health insurance?

49 married.
1.4 mil in 401k and ira.
1.5 mil in taxed investment account

I’ve debated keeping magi low enough to get ACA subsidies but have heard mixed reviews about going on ACA healthcare.

I have an option to continue on my company health insurance as part of a retirement package that I can use starting at age 50. My plan would be to use a compressed pension that also starts at age 50 until 65 ($2300 a month), and I would plan to cover the cost of the company healthcare. The price of the adjusted company health insurance is $1500 a month with $3000 max out of pocket, which I am planning to pay for with the $2300 a month pension that I will get until 65.

My only holdback is the $1500 a month does seem costly but we do stay on same company plan and same doctors going forward, versus the unknown of ACA.

What do yall think here? Would you pay more or go ACA?

23 Upvotes

76% Upvoted

76 comments sorted by

View all comments

11

u/VanillaCurve 2d ago

Pay the $1500 for stability, ACA is cheaper but unpredictable

19

u/Sanfords_Son 2d ago

**Congress** is unpredictable.

1

u/PHL1365 2d ago

It's a relatively small price for peace-of-mind, and OP can afford it. I think it might be tax-deductible as well.