[ian]

We retired at 58/59.

In our travels we have met many Americans who wanted to retire at that age. The big issue preventing it for many that we met was the cost of medical insurance. It was not uncommon to hear number like $1600USD per month and on @ few occasions even more.

On two trips to Costa Rica and to Panama we met Americans who had retired early to those countries because of the cost of medical care to age 65.

 

[ian]

One of my former US colleagues in his early/mid fifties was worried about being terminated, He was a senior area director. His concern eas health coverage 18 months out.

His wife had cancer. Her treatments/meds etc, were $1 mil per year. He had started prepping for the eventuality by slowly transferring assets to his children. The look back period for personal bankruptcies was 5 years according to him.

He said his primary goal was to get hired for the medical. Remuneration, etc. was secondary.