In this episode of the Smart Wealth & Retirement Podcast, financial advisors and retirement planners Jim Martin & Casey Bibb of Martin Wealth Solutions tackle one of the biggest challenges for early retirees: healthcare coverage before age 65.

Jim and Casey explain why healthcare planning is often one of the most overlooked — yet critical — components of a successful retirement plan. They walk through the different coverage options available before Medicare eligibility, including COBRA, ACA marketplace plans, private insurance, and health-sharing alternatives.

They also discuss how healthcare costs can impact retirement timelines, tax strategies, and income planning, helping listeners better understand how to prepare for this important gap period with confidence.

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Episode Breakdown

00:00 Introduction to Today’s Topic
01:30 Why healthcare before 65 is a major planning factor
03:02 The gap between retirement and Medicare eligibility
04:38 Option #1: COBRA coverage explained
06:14 Option #2: ACA marketplace plans
08:02 How subsidies and income affect ACA costs
09:46 Option #3: Private insurance alternatives
11:18 Health-sharing plans and considerations
12:54 Estimating healthcare costs in retirement
14:20 How healthcare impacts retirement timing
15:46 Tax planning strategies related to healthcare
17:08 Common mistakes early retirees make
18:36 Key takeaways and planning tips

Disclaimer

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