General Discussion > Post-FIRE
pre-FIRE checklist
K-ice:
--- Quote from: Exhale on January 29, 2017, 07:58:46 PM ---Done - thank you for the tips. I'm not a home owner so if anyone else has more suggestions, please let me know.
--- End quote ---
I'm not a renter but a landlord. I don't think anyone answered so I will give it a shot.
You may want to renegotiate your lease. Perhaps lock into a 2y lease if you plan to stay where you are. Double check your roommate policy as if you plan to keep your place but travel more you may want a roommate.
Dibdab:
I plan to retire at age 56 end of May pending my house sale. Signed up for Obamacare silver plan. However, did not qualify for premium subsidy because I, "can get health insurance through my employer" right now even though I will only make around $22000 this year . This does not seem right, because I will soon lose that coverage as the document healthcare.gov made me submit from my employer states. Does anyone know if I can somehow update my info at healthcare.gov so I would qualify for subsidy after I finally quit job?
Eurotexan:
I’m still a few years away from FIRE but this is great stuff!
One word of caution, be careful when taking work product with you.
- Copy future-useful documents from work computer - Excel templates you created, etc.
Our employee handbook explicitly prohibits this and there could be legal consequences. The intended purpose of the language is to prevent company information going with employees and to their new jobs at competitors but some legal departments may have a blanket rule, regardless of what the employee does after they leave.
Just want to make sure we can ride into the sunset without being chased by briefcase carrying lawyers!
Threshkin:
--- Quote from: Dibdab on April 09, 2019, 04:00:42 AM ---I plan to retire at age 56 end of May pending my house sale. Signed up for Obamacare silver plan. However, did not qualify for premium subsidy because I, "can get health insurance through my employer" right now even though I will only make around $22000 this year . This does not seem right, because I will soon lose that coverage as the document healthcare.gov made me submit from my employer states. Does anyone know if I can somehow update my info at healthcare.gov so I would qualify for subsidy after I finally quit job?
--- End quote ---
ACA Subsidies are tricky to understand. I had a similar issue. I initially took COBRA because my FIRE year income was too high to qualify. Later I wanted to cancel COBRA during open enrollment and move over to ACA. My income was low enough but if I cancelled COBRA, I would not qualify for subsidies. I had to wait until it expired naturally and then I could sign up for ACA and get subsidies as at was a qualifying event. In our case that cost us about an extra $5K in premiums for the year. Expensive but cheaper than paying for ACA without the subsidies.
Talk to your local ACA advisor. They might understand the options.
Dibdab:
Thanks. It worked out better calling healthcare.gov than trying to figure out the convoluted questionnaire. I observe many in my FIRE 2019 cohort with same issue. Seeing as my FIRE date keeps changing, delayed due to my house sale contingencies it is nice OBAMACARE is flexible so that I can update my enrollment.
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