Hello!
I would like some mustachian advice related to retiring “early” (in my case, just a few years before full retirement age) due to medical issues. Is there a specific area of the forum that is best to post?
In short I am 56, tried “retiring” in 2016, got bored and also was not comfortable with my income, and so went back to working/earning income/saving more. I have enough savings to retire and cover my living expenses, ($900K+ In my own retirement accounts, and also DH owns an S-Corp and takes $80K/yr income). From 2016 to now I have been working and saving, aiming for a fatter FIRE, more $$ to share with family and to travel, and targeting a new retirement date in 3 years.
This week I found out I have with an early stage disease (its very treatable, and my odds are very good at full recovery), BUT this is making me think seriously about moving my retirement date up. I will need Surgery, and then a few weeks/months of disability. I don’t want to make any mistakes in terms of disability or my retirement accounts. I also want to make sure my nest egg and paid for home is protected from any crazy medical debt (NY State resident).
My health insurance is through my husband’s S-Corp, so we control and select the health plans and his company pays the premiums. We currently have a high deductible plan with HSA.
I am currently employed full time at a large public corporation, and am eligible for FMLA, disability, etc.
Where is the best place to look for well-rounded financial advice? I have made an appointment with my financial planner, and I also am booking an appointment with an elder care lawyer. Should I also meet with our Health Insurance provider? How much and what details should I tell my employer?
So many questions. If anyone has any experience with this situation I would be very happy to hear from you.