I'll try to keep this short and sweet:
We are pretty close to FI*, but my wife intends to keep working anyway, so I'm thinking about a sabbatical until I figure out what I want to do next.
She's already working part time contract for good money, and can very easily pull in 60k averaging 25 hrs a week. There will also be taxable dividend + interest income around 5k. This is plenty for us to live on, but it does mean walking an ACA tightrope.
My plan is to work the first few months of next year, putting 100% into HSA, then 401k, then traditional IRA. As I understand it, this makes my MAGI for ACA subsidies 0.
The sweet spot seems to be 200% - 250% of FPL, which keeps the kids off CHIP, and gives us a nice silver plan for between 150-250 a month - if her income AFTER her traditional IRA is between 52000 and 61500 (family of 4).
What am I missing?
I know this already:
The ACA plan in my state is 1 choice and a very narrow network
I won't get my employer match fully unless I stick it out for the true up at the end of the year
I can do Roth conversions to bring income up if needed
*I think we're there, my wife likes things a little more comfortable :)