UCRetiree
New Poster
Cash: $ 0.45
Posts: 2
Joined: 08 Oct 2006
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| Valuing Employer Paid Health Insurance |
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My husband (mild heart condition) and I are both 58. He will retire in 6/2007 (at 59). We have sufficient retirement and other savings to support our anticipated retirement budget, based on advice from Vanguard, Financial Engines and TIAA Cref. If I retire in 2007 too, I can take a lump sum or a monthly annunity. But if I wait until 9/2009, I will be eligible for employer payment of 50% of our health and dental insurance premiums for life. I am an analyst by profession and am looking for a way to calculate the value of each option, but this isn't just about the $. Advice, formulas and voices of experience welcome. Thanks is advance.[color=darkblue][/color]
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