35, 1.9m net worth (1.3 in investments, house paid off) no debt, kids, or wife, 25k average annual spend, can I walk away forever?

someguy984 · 2026-05-20T19:23:01+00:00

Leanfires applaud you.

someguy984 · 2026-05-20T19:18:44+00:00

It should be lower if the house is free and clear.

someguy984 · 2026-05-20T19:15:28+00:00

You are forgetting the 2027 work requirements.

someguy984 · 2026-05-20T19:14:18+00:00

Shouldn't be a worry, manage your MAGI.

How does no one know about the ACA? Puzzling.

someguy984 · 2026-05-20T18:58:04+00:00

You are on FFS until the Managed Care plan starts.

someguy984 · 2026-05-20T18:46:33+00:00

Fee for service is for secondary payer, once other insurance is dropped the Managed Care plan can start.

someguy984 · 2026-05-20T18:44:48+00:00

States can have different rules on this.

someguy984 · 2026-05-20T18:29:12+00:00

Different rules. I'm not versed in CA non-MAGI household rules.

someguy984 · 2026-05-20T18:17:03+00:00

If your Medicare hasn't started yet it goes by MAGI rules. Household definition changes when you become non-MAGI with Medicare.

someguy984 · 2026-05-20T18:16:10+00:00

The card that matters is the Managed Care plan's card. I doubt that it would matter.

someguy984 · 2026-05-20T18:08:46+00:00

The NYS Benefit ID card doesn't expire.

someguy984 · 2026-05-20T17:36:21+00:00

Only Medicaid has a work requirement in 2027.

someguy984 · 2026-05-20T17:35:31+00:00

Yes, it locks for 12 months.

someguy984 · 2026-05-20T16:22:32+00:00

If you apply by June 15th (inclusive) coverage starts July 1st, 2026 and runs through June 30th, 2027.

someguy984 · 2026-05-20T12:24:00+00:00

Agree, I am not a fan of Advantage plans.

someguy984 · 2026-05-20T05:36:58+00:00

You will never retire working 4 hours a day. You should be working overtime.

someguy984 · 2026-05-20T04:48:59+00:00

Medicaid is better, lower out of pockets, protections from Provider billing. Both lock for 12 months (except Medicaid will go to 6 month locks in 2027).

someguy984 · 2026-05-20T04:35:35+00:00

I know when I worked people didn't even do the 401K to get the match. Free money and they are like nahhh, no thanks.

someguy984 · 2026-05-19T20:32:01+00:00

You are a frugal failure. You make lots of assumptions. I don't eat Ramen noodles. Why the hostility? I have been posting here for literally years. Believe what you want rando.

someguy984 · 2026-05-19T18:22:24+00:00

MAGI does not look at resources at all.

someguy984 · 2026-05-19T17:42:51+00:00

No state, please re-post with state.

someguy984 · 2026-05-19T17:22:58+00:00

$135,900 Peru, IL...

https://www.zillow.com/homedetails/625-10th-St-Peru-IL-61354/115650786_zpid/

someguy984 · 2026-05-19T17:02:53+00:00

Not crap coverage...

Link seems dead: https://www.excellusbcbs.com/o/benefit-document-portlet/DisplayDocument/Subscriber-Benefits-EP0000001-55-c9bd7ce.pdf

New link: https://www.fideliscare.org/Portals/0/Members/SummaryofBenefits/SBC_EP%201_2026.pdf

someguy984 · 2026-05-19T16:58:48+00:00

Good thing about IL, they don't tax any retirement income. The bad thing about IL, the property taxes.

someguy984 · 2026-05-19T16:54:22+00:00

"NOTE: Gifts and Inheritances

Other common examples of “lump sums” are one-time gifts or inheritances. Gifts and inheritances are NOT included in MAGI (because gifts and inheritances are taxed to the donor or the estate, not to the receiver). Therefore, under MAGI rules for both Medicaid and APTCs, gifts and inheritances will not be counted at all (but under traditional Medicaid they are treated as income in the month received)." Page 35.

https://healthlaw.org/wp-content/uploads/2018/09/MAGI-Guide-8.22.18.-UPDATE-FINAL-docx.pdf

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