817 Haddonfield-Berlin Rd, Cherry Hill Township, NJ 08034
Early Retiree
Medicare eligibility begins at 65, but self-insuring in your 40s, 50s, or 60s can be costly, especially as health challenges often increase with age. Truce Benefits offers tailored solutions to make early retirement healthcare affordable and manageable.
How Much? Health Insurance Costs (Ages 62–65)
Average costs vary based on location, health, and plan type:
- ACA Marketplace: $800–$1,200/month (without subsidies)
- Employer-Sponsored: $200–$600/month (if employed)
- COBRA: $700–$1,500/month (based on prior employer plan)
Can you afford healthcare in early retirement? Let Truce Benefits guide you with personalized strategies to reduce costs and secure coverage.
9 Ways Truce Benefits Helps You Save on Early Retirement Healthcare
- Explore Private Coverage
Private plans can be expensive but offer flexibility. Truce Benefits compares options to find the best fit for your needs and budget. - Leverage the Affordable Care Act (ACA)
The ACA ensures coverage regardless of preexisting conditions, ideal for those in their 50s and 60s. Truce Benefits helps you navigate healthcare.gov and maximize subsidies by optimizing your Modified Adjusted Gross Income (MAGI). - COBRA Continuation Coverage
If you’ve recently left a job, COBRA extends your employer’s group plan for 18–30 months. Truce Benefits assesses eligibility and compares costs to other options, ensuring affordability. - Spousal Benefits
If your spouse is still working, their employer plan could cover you. Truce Benefits evaluates this cost-effective option to bridge the gap to Medicare. - Maximize Health Savings Accounts (HSAs)
HSAs offer tax-free savings for medical expenses like deductibles, copays, and COBRA premiums. Truce Benefits advises on building and using HSAs to reduce healthcare costs in retirement. - Prioritize Health and Wellness
Staying active lowers healthcare costs. Truce Benefits encourages proactive health management to reduce medical expenses and enhance retirement wellbeing. - Part-Time Work with Benefits
Some employers offer health benefits for part-time roles. Truce Benefits identifies opportunities at companies like Costco, Starbucks, or Lowe’s to secure affordable coverage. - Health Care Sharing Programs
Christian-based sharing programs like Medi-Share can lower costs but carry risks. Truce Benefits evaluates these programs to determine if they suit your needs. - Comprehensive Retirement Planning
A solid retirement plan includes healthcare. Truce Benefits integrates health insurance solutions into your financial strategy, ensuring peace of mind.
Let Truce Benefits Make Health Insurance Simple for You
Stepping into early retirement is exciting, but making the right health insurance choices during this stage is essential. Without employer coverage and before Medicare eligibility begins, finding a plan that keeps you protected—without overspending—can feel like a challenge. At Truce Benefits, we specialize in guiding early retirees through this transition, helping you compare options like ACA marketplace plans, private insurance, and other coverage solutions so you can enjoy your new freedom without financial stress.
You’ve worked hard to reach this point—now let’s make sure your health coverage works just as hard for you. Contact Truce Benefits for a free consultation, and we’ll help you create a plan that bridges the gap to Medicare, safeguards your finances, and supports your lifestyle. With the right strategy, you can focus on living your early retirement to the fullest while we handle the details.
