How to Plan Early Retirement Health Care Costs Beyond 65

Episode 98 of The Financial Freedom Podcast tackles a blind spot in many early retirement plans: health care costs in the Medicare years. Lucas and Luna discuss the 2026 Medicare Part B premium, IRMAA surcharges that can hit retirees with moderate IRA withdrawals, and why the conventional 4 percent rule doesn't account for health-spending volatility. They walk through a concrete example: a 55-year-old couple retiring with a $1.5 million portfolio, estimating annual health care spending from now through age 95, and the surprising result that Medicare costs can exceed private premiums in later decades. The hosts also touch on the Medicare 'donut hole' for prescription drugs and how to use a health savings account as a stealth retirement account. If you think you're done planning for health costs once you hit 65, this episode will change your mind. #EarlyRetirement #MedicareCosts #IRMAA #HealthSavingsAccount #RetirementPlanning #HealthCareCosts #SequenceRisk #FIRE #MedicarePartB #RetirementIncome #PersonalFinance #FinancialIndependence #FexingoBusiness #BusinessPodcast #Finance #CompoundInterest #RetireEarly #WealthManagement Keep every episode free: buymeacoffee.com/fexingo