Post #506 by intercst on the Retirement Investing board

Personal Finance Topics / Retirement Investing

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rayvt analyzes,

<< At 65 you go on Medicare, like it or not. Then pay the premiums out of your SS, automatically.

If you are not on SS you have to pay the Medicare premiums on your own. But then you are not protected by the "hold harmless" that will keep your net SS benefit from going down. Which happened a time or two in recent years.

</snip>

I actually considered that, but was able to quickly discern that the $10/month the hold harmless provision would possibly save on my Medicare Part B premium from age 62 to 70, was a lot less than the $182,000 I got for waiting until age 70.

Thank God I went to engineering school and was able to do the math.

intercst

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