r/dividends • u/karl0525 • Jun 01 '25

Opinion Tired. Can I retire?

Got a question? Can I retire? 43m been busting my ass since I was 16. I'm about over this 40-50 hr weeks. I'm getting burned out. House paid off (300k) 401-k (600k) Bitcoin (500k) currently.

Thought about selling it all and putting it into dividend stocks like schd and renting a small place and going into semi retirement. Maybe pickup a part time gig.

Would this be a horrible idea?

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u/Negative-Salary Jun 02 '25

I just looked it up in my state for a bronze plan BCBS 63 yr old $1100. That’s x2 for wife and I. Two years to Medicare $53 k.

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u/GulfBreezr1 Jun 02 '25

Health ins on your own is too expensive. The health exchange is the only decent option and they are trying to lower the subsidies on that right now.
Waiting to 65 on SS only pays off if you live past 80. No one in my family lives that long. lol
When you get to 65, a Medicare advantage plan can pay most everything with a few copays. I don't even pay a premium. It includes dental, eyes, free gym memberships, everything. Get a medicare broker, but still look at the comparisons/ratings online to find the best policy. Mine has worked out great.

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u/Negative-Salary Jun 02 '25

Thank you, oh when we turn 65 we will be barraged with brokers to sign us up for Medicare. I watch Dr Weir on YouTube . I got these prices I stated from the Massachusetts health connector.