Originally Posted by
Molly
I think one of the big issues in early retirement is how to pay for health care. When you're young, this may not be a concern. Before age 45, I rarely saw a doctor. After that, it was one thing after another. Even with a good health care plan, there were costly deductibles and co-pays.
One FIRE person said her plan was to live healthy so she wouldn't get sick. Good luck with that. I lead a very healthy lifestyle, yet that did not prevent age related issues.
Another person said they would crowd fund if they had a large medical bill. Sorry. If I'm going to finance anyone's medical expenses, it will be my own.
I was very, very fortunate to retire from a government job that offered low cost premiums that held me over until I went on Medicare.
I don't know how other extreme early retirees deal with the issue of health care. It would be interesting to know.