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Investing Blog Roundup: Obamacare Repeal and Early Retirement

Since the transfer of power in Washington earlier this year, the potential (likely?) repeal of the Affordable Care Act (Obamacare) has many people worried about how they will get health insurance. Economist Austin Frakt discusses one such group this week: people who have retired (or who are planning to retire) prior to Medicare eligibility.

Unfortunately, there’s no magical financial planning solution here. If Obamacare is a) repealed and b) not immediately replaced with something that guarantees you coverage, then yes, retiring prior to Medicare eligibility would be a big financial risk unless you have coverage through some other source (e.g., your spouse or former employer).

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