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Learning, Sharing, and Teaching => Investor Alley => Topic started by: FIREin2018 on January 02, 2018, 05:17:09 PM

Title: Critique my Fire2018 investment plan/Obamacare plan
Post by: FIREin2018 on January 02, 2018, 05:17:09 PM

im age 47, single, no kids.
house paid off.

ira/Roth = $550k (Target 2035 fund)
after tax $ = $250k ($125k Bank acct, 125k heathcare fund)

expenses = $20k/yr
$250k/20k = 12.5yrs

so I have enough after tax $ to last me to age 59 1/2 where I can withdraw from my ira without penalty.
from age 48 to 58, convert $xxx IRA to roth.

$xxx = minimum amount income needed to get on Obamacare silver plan with max subsidies.
as I understand it, income under that amount forces me into Medicaid, which I don't want.
im assuming Obamacare is superior to Medicaid.

Comments/suggestions?

Title: Re: Critique my Fire2018 investment plan/Obamacare plan
Post by: FIREin2018 on January 04, 2018, 07:32:49 PM

noone? :(

wrong sub-forum?

Title: Re: Critique my Fire2018 investment plan/Obamacare plan
Post by: Financial.Velociraptor on January 04, 2018, 07:38:15 PM

Try: https://forum.mrmoneymustache.com/case-studies/