‘I Can’t Retire – I Need Health Insurance’
by T. Eric Reich, CIMA®, CFP®, CLU®, ChFC®
Aug 07, 2022
3 minutes
It is one of the most discussed reasons people refuse to retire before age 65. There are plenty of reasons someone may not retire, including a lack of income, the fear of running out of money, the loss of identity, boredom, no longer having a sense of purpose. Surprisingly one of the biggest ones we encounter is health insurance. As we age, the presence of health insurance becomes just as much a necessity as income. Some view it as a higher priority, allowing insurance to dictate if/when they can
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