Talk of The Villages Florida - View Single Post - Retirement Advice
View Single Post
 
Old 03-01-2011, 10:17 PM
Niels's Avatar
Niels Niels is offline
Senior Member
Join Date: Jun 2008
Location: The Villages
Posts: 491
Thanks: 0
Thanked 0 Times in 0 Posts
Default

I read the article this morning. The problem I have with the article is that the advice is somewhat contradictory - on the one hand it tells you to enjoy life and live every day like it's your last but then it tells you to work as long as you can. Well if I'm going to enjoy life and live every day like its my last I certainly don't want to keep working as long as I can. My job was OK but I worked to make a living not because I enjoyed working.

Francie - Health insurance is the big problem for a lot of people. My wife and I are very lucky that we can continue our employer's group health insurance in retirement at the same rates that we paid as employees. When we become Medicare eligible at age 65, Medicare will then become our primary health insurance plan and our employer's plan will become secondary coverage. If you don't have health insurance, it's very difficult. My sister took an early retirement from the phone company in New York at age 57 and moved to Florida. They gave her free health insurance for 18 months. But after the 18 months, she found she couldn't get affordable health insurance on an individual basis. She had to return to work just to pay for her health insurance and will probably continue working until she is eligible for Medicare.