About us
Welcome!
We're a Colorado social group loosely organized around the FIRE community (Financial Independence Retire Early), although mainly that's just an excuse to meet interesting, thoughtful new people.
Because of this, our events are pretty varied and random in theme. But in general we tend to do things that are positive and healthy for both us and for the world at large. Come out and join the conversation!
We also have our own "Headquarters" building in Downtown Longmont which is open to people really looking to join something cool - you can learn more at https://www.theficollective.com/
Note: this group is a strictly non-commercial place for the free exchange of ideas. To serve that purpose, all members have access to a group-wide discussion board and other tools to foster open communication. However, using the provided group communication tools to promote your product or service offerings to our members is unacceptable and may result in removal from this group upon review by our Organizers.
Upcoming events
9
Sunday Morning Discussions: Healthcare Costs
East Simpson Coffee Company, 201 E Simpson St, Lafayette, CO, USHealthcare costs keep going up, which can feel daunting when you're planning to live off your investments. Let's get together and talk about how we're planning for healthcare costs during both early retirement and traditional retirement years.
For this discussion, please read the two short articles below and spend a few minutes playing with the healthcare cost projection tool.
BiggerPockets Money Healthcare Cost Projection Tool
https://biggerpocketsmoney.com/healthcarecosts/
This tool estimates how much extra you might need to save, beyond what your current withdrawal rate accounts for, to cover rising health insurance costs between early retirement and Medicare eligibility—the "healthcare hump."Center for Retirement Research: How Much Does Health Spending Eat Away at Retirees' Income?
https://crr.bc.edu/how-much-does-health-spending-eat-away-at-retirees-income-an-update/Kiplinger: 4 Ways to Lower Retirement Healthcare Costs
https://www.kiplinger.com/personal-finance/health-savings-accounts/slashing-healthcare-costs-in-retirement
Here are some questions to think about before we meet. Please bring your own questions and experiences too!- What are you doing to manage healthcare costs?
- How are you modeling or preparing for increasing health insurance premiums during the pre-Medicare "healthcare hump"?
- What do you think of the BiggerPockets approach of setting aside a specific additional amount to cover rising premiums? Do you use or prefer a different strategy?
- How are you planning for medical expenses that may increase as you age?
- How are you planning differently for healthcare expenses during early retirement versus traditional retirement?
- With open enrollment around the corner, what experiences have you had with different health insurance companies, plan types, or coverage levels?
Optional: If you're interested in understanding the tool better, here's a podcast episode explaining how the healthcare cost tool works and the reasoning behind the approach. Listen if you're curious, but you don't need to listen to participate in the discussion.
https://biggerpocketsmoney.com/podcast/healthcare-costs-for-fire-ultimate-guide/***
Venue: East Simpson Coffee Company
Website: https://www.eastsimpsoncoffee.com/
Please note that we'll be meeting upstairs.
The coffee shop kindly hosts us with the expectation that each attendee makes a purchase. Please plan accordingly.33 attendees
Past events
381
