Retiring at 63? COBRA Could Cost $24,000 More Than ACA

Compare your health insurance options for the 2-year bridge to Medicare at 65

The Details

ACA subsidies are based on current year income, not prior wages. Early retirees living on savings may qualify for maximum subsidies even with substantial assets.

What this means for you

Retirement decisions compound — getting one of these details wrong can cost tens of thousands of dollars over a retirement. The good news: most of these mistakes are completely avoidable if you understand how the rule actually works.

Next step

If you want to see how this applies to your specific situation, take the free Retire Ready Score — a 2-minute assessment that scores your current plan across income, taxes, healthcare, and protection.