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Kiplinger
Kiplinger
Business
Maurie Backman

I'm 60 With $2.8 Million Saved. I'm Tired of Working, But Need Health Insurance Until Medicare Kicks In.

Medicare Insurance Health Care HSA Cobra
Portrait of a woman sitting at the notebook, red cup of tea on the table. Reflection of a face in the monitor screen, chin on hands. She looks tired.

Question: I'm 60 with $2.8 million saved. I'm miserable working, but I need health insurance until I can get Medicare at age 65. What are my options?

Answer: By age 60, you may be at the point where you’re unhappy at your job and can’t take the grind any longer. If you have a large pile of savings, you may be perfectly positioned to make an early workforce exit.

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