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?
