Not exact matches
Some on third of «early
retirees» who claim Social Security
at age 625
do so to help pay for health care expenses until they are eligible for Medicare coverage
at age 65.
This goes hand in hand with the idea of deferring Canada Pension Plan benefits to
age 65 or 70, and
doing the same with OAS benefits (which start
at 65 for today's
retirees, but won't begin until 67 for younger folk still in the workforce.)
For instance, a
retiree in their early 60s might
do a partial Roth conversion each year throughout their 60s, whittling down the size of a pre-tax IRA over time, such that by the time RMDs actually begin
at age 70 1/2, there isn't much of a pre-tax IRA left!
Hearing the security guard — a staid - looking,
retiree -
aged gringo — speak about Rosarito, the trip seemed perfectly feasible: Will didn't need a passport, a California driver's license would
do; we could take Federal Highway 1D along the coast in Mexico for some nice scenery and to avoid the frenzy of Tijuana; and we could buy daily car insurance
at a place near the outlet mall for as cheap as $ 5.