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Joined: 10/07/1999 Posts: 36643
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I have a special situation. When I sold my business and retired

part of the deal was they agreed to pay for health insurance for my wife and me until we reach Medicare age, at which time they will pay for Medigap insurance (note that our firm paid 100% of the premiums for all employees, and 100% for family coverage if you were an associate or higher). That worked great for the first few years. Initially we did COBRA on our group policy until the time frame elapsed. Then we had an individual policy that pretty much mirrored our group plan. Once Obamacare hit my "Cadillac Plan" went away. We have now had 3 different policies in 4 years as they keep eliminating the plans we have had. I'm not happy with these plans and how much deductible and OOP costs we have (forced into an HMO this year for the first time) but IIWII.

(In response to this post by Hokie360)

Posted: 02/03/2018 at 08:18AM

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Current Thread:

There's a sale on Wall Street today if you're interested. 20 minutes left. ** -- Hokie360 02/02/2018 3:40PM

The rebalancing I did last week is looking sweet right now. ** -- vt90 02/02/2018 4:49PM

Same here. Against the advice of folks here... -- MP4VT2004 02/02/2018 5:42PM

You should literally be 0% bonds if all you are talking about is retirement ** -- HokieForever 02/02/2018 7:58PM

With all due respect, and I mean this sincerely, what is your alternative? -- vt90 02/02/2018 9:06PM

You are completely different story.... -- HokieForever 02/02/2018 10:11PM

Well thought out and explained response. What’s your background? ** -- hokie-c 02/03/2018 11:43AM

I am still 70% in stocks but with the market run-up ... -- vt90 02/03/2018 10:19AM

Blue chip dividends will give you 3% or 4%. If the market dips and te -- 133743Hokie 02/02/2018 9:22PM

Totally agree. I’ve been 100% stocks from... -- No1Hokie 02/03/2018 08:35AM

Interesting tactic, like it. ** -- HokieForever 02/02/2018 10:11PM

Mind if I ask how you handle medical insurance until eligible for Medicare? -- Hokie360 02/02/2018 10:01PM

I have a special situation. When I sold my business and retired -- 133743Hokie 02/03/2018 08:18AM

Blue chips are paying dividends equivalent to bonds. The bond market is -- 133743Hokie 02/02/2018 6:02PM

So, what's the trigger for moving back to stocks? ** -- Hokie360 02/02/2018 5:45PM

Don't leave them. There is no magic moment that anyone can predict to swap ** -- 133743Hokie 02/02/2018 6:03PM

That's one strategy. Here is another viewpoint... -- MP4VT2004 02/02/2018 6:16PM

He' very contradictory in what he says. Until bonds significantly rebound -- 133743Hokie 02/02/2018 9:07PM

Will probably reinvest the money slowly. -- MP4VT2004 02/02/2018 5:50PM

That's probably the best way to sleep easily. I just figure I'll never be -- Hokie360 02/02/2018 5:56PM

Yeah, I don't do much of individual stock purchasing. -- MP4VT2004 02/02/2018 6:04PM

The market just did my rebalancing for me! :-( ** -- Hokie360 02/02/2018 5:32PM

Could be the 10% correction in play. That would have a bunch more to go... ** -- UTPr0sim 02/02/2018 4:17PM

Besides it appearing to be overheated, is there a reason for a correction? -- HokieSignGuy 02/02/2018 4:19PM

Fed sold 21 billion dollars at the end of January -- lchoro 02/02/2018 5:15PM

Greed turns to fear... -- `lag 02/02/2018 5:05PM

Other reason is extremely likely interest rate increase -- jmanatVT 02/02/2018 4:23PM

Thought the Fed said no increases this time? ** -- EDGEMAN 02/02/2018 4:25PM

This time is always past news, it's what they hint down the road. ** -- `lag 02/02/2018 5:15PM

10 year treasury bond rate climbed to 2.85% today. Highest in 4 years. -- Hokie360 02/02/2018 4:44PM

Is some of the market reaction also not linked to... -- MP4VT2004 02/02/2018 5:46PM

Yeah, this is kinda what I've been reading makes sense. -- `lag 02/02/2018 5:00PM

It isn't cheap money. People are buying stocks instead of bonds because the -- 133743Hokie 02/02/2018 6:09PM

Sure it's cheap money, when interest rates are low its cheap money. ** -- `lag 02/02/2018 6:11PM

No one borrows money to invest in the market. ** -- 133743Hokie 02/02/2018 9:02PM

Maybe on a technicality they do. -- Tafkam Hokie 02/02/2018 10:42PM

It seems, and what it seems to me could be wrong, that the jobs report -- jmanatVT 02/02/2018 4:34PM

Wish I was seeing some of this economic improvement. -- Naelbis 02/02/2018 4:45PM

Just compare your 401k balance today to what is was two years ago. -- Hokie360 02/02/2018 5:15PM

Dang...just did exactly that. -- Tafkam Hokie 02/02/2018 10:37PM

Puts me in the mood for some Steely Dan -- Burke Hokie 02/02/2018 3:51PM

I have a special situation. When I sold my business and retired

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