http://www.fundmasteryblog.com/2008/01/11/first-baby-boomers-to-retire-are-doing-well/ Mutual Funds, Investing, Retirement, Economy, Personal Finance Mon, 15 Mar 2010 12:08:37 +0000 http://wordpress.org/?v=2.3.1 http://www.fundmasteryblog.com/2008/01/11/first-baby-boomers-to-retire-are-doing-well/#comment-562 Bruce Webb Mon, 18 Feb 2008 21:52:43 +0000 http://www.fundmasteryblog.com/2008/01/11/first-baby-boomers-to-retire-are-doing-well/#comment-562 One of the major reasons for not taking early Social Security is the gap between early retirement eligibility and Medicare. I had a former co-worker with a net worth multiples of what you cite as typical, he stayed on the job for the health coverage. Given his health history though he was currently strong and healthy he would never have been able to get private insurance at practically any cost. Open Medicare to early retirees and I suspect that 1/3rd figure (low in my immediate experience) will jump. One of the major reasons for not taking early Social Security is the gap between early retirement eligibility and Medicare. I had a former co-worker with a net worth multiples of what you cite as typical, he stayed on the job for the health coverage. Given his health history though he was currently strong and healthy he would never have been able to get private insurance at practically any cost. Open Medicare to early retirees and I suspect that 1/3rd figure (low in my immediate experience) will jump.

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