3. Talk to an insurance broker in your area to find out if there are any options available outside of Healthcare.gov. These “noncompliant” plans usually require some kind of medical underwriting, but if your clients are healthy, they might be able to save some serious money on premiums without compromising access to care.
4. If your client is considering a second act in retirement and looking to continue some kind of employment, look at adjunct opportunities or other scaled back employment options that might come with affordable health-care benefits.
All of these questions help inform the decision around early retirement. Even if health care ends up being a bigger cost than expected, your clients won't be caught by surprise.
Ryan McCostlin leads efforts to help individuals and families with health care through partnerships with financial advisors and health-care providers at benefits advisory firm Bernard Health.