i won't be 65 till dec.husband has more reasonable rates as he is 67.his employer he retired from is in bankrupsy and now we have to pay for our coverage.his is 139 month and mine will be 276 mo till i am 65 in dec.mine is with 2500 deductable. even the 139 is awful.we still will have co-pays too.anything else can i do till i get the 139 to pay in dec?husband's work pension is to be reducted too.the guarity[goverment] is taking over that too.we have social security but with everthing going up it is too much to bear more costs.
215686
Talk to a licensed insurance agent in your state - or more than one.  The 276/mo for you is a decent rate depending upon your health and your state.  Take a look at your overall financial situation then ask if you have enough resources to retire or if you need to continue to work and for how long.\n\nGood Luck\nNote:  This is not a solicitation for sale of any insurance.
298612
Such a very sad situation.  My first question is why 70% less than the old job?  If you made that much before, can you make that much again? It would help ease the financial burden even if it wasn't your most favorite thing to do.  A good rule of thumb is to use 40% of your income on your living space. That means that if your house payment is over 40% of your income per month, you either need a raise in pay or a different house.  The best situation would be to find a job with insurance coverage that accepts pre-existing conditions.  That way, you can at least afford medication.  Keep trying for disability for your fiance'.  If he really is unable to work full time, it may be best for him not to work at all if it comes out to be beneficial to you both.  You're in a tough situation.  I wish you the best of luck.
260856
Sorry bout that, I thought you meant SSI.\n\nYour husband's SSD payments may not be taxable.  As stated above if your combined income*, MFJ, is between $32-44,000. Above $44,000, taxable up to 85%.\nIndividually - $25-34,000.  MFS - you will probably pay taxes on benefits.\n*Combined income-is the sum of your adjusted gross income, plus nontaxable interest (if any), plus one-half of your Social Security benefits.\nIf benefits are taxable and the benefits include a lump sum payment for previous years, you may be able to reduce the taxable amount.\n\nCheck out Publication 915 from IRS.gov, it will definitely  help you.\n\nAs for New Jersey's taxes...Federal Social Security benefits are non taxable.
39120
right time to grow together.  many factors in your life may answer that better.  do you have $ saved? family supports? another income? then perhaps is the right time.
426639
It sounds like you are on the right path. I see way too many young service members where I volunteer that come in for Budgeting or financial help that have no plan. I am glad to hear that you have made sure that your BAH covers Rent/mortgage, and all utilities (including the extras).  Sometimes this is very hard to do. I am assuming that the 1400 is just your base pay, So, if we add you BAS into it then we have about 1665 ( if BAS is 265, I cant remember)So now our of that you will have to pay for car payments, car insurance, any loans or credit cards that you or your soon to be wife will have.  Not to mention food and other necessities. Don't forget your Taxes that will be taken out. The more you claim on you w4 the less they take. However you may end up owing taxes so be careful. However don't have so much being taken out that you can't afford your bills. \n\nI hope this has helped some and not confused you more. Once you are settled in the Coast Guard contact the Coast Guard Mutual Assistance office, they can help with budgeting .
602256
I agree with Realestatelawyer on this one.  There would be a clause in your mortgage that would not allow it to go any higher than 9.875%.  As far ARMS being dangerous????  That is just not true.  They are only dangerous for the dumb witted person that has no idea what they have gotten themselves into.  Use them right and they will be your best friends.\n\nI would ride out the 5.875%.  Maybe add some extra payments onto the mortgage this year as well.  I doubt that rates with be anything like they were in the next two years, but we never know what could happen.\n\nGood luck with that.  If you still are considering refinancing, feel free to contact me and I could help you out with that.  You can contact me at timothy.kazee@americanhm .com.  Have a great night!
323015
Yes, it is necessary. Now that are married you are responsible for each others bills. If something horrible were to happen like an accident and he couldn't work or gosh forbid he should pass, you are looking at a lot of creditors wanting what your husband owes them to be paid. Also, you might be able to consolidate and save, for example, car insurance. There is usually a discount to have you both on one plan versus two seperate policies.
559647
That's why you need Disability Insurance......\nI am not sure but there are certain banks who would like to refi. Since the score has dropped, it will be higher rate, I would recommend you to consider Home equity instead and don't touch the 1st mortgage if its under 6.5%.\nDo any of you have any life insurance or retirement account? may b you can borrow money out of it. (if borrowing against life insurance, make sure to keep the coverage continue)\n\n\nTry www.bankrate.com
254348
unless you are planning on living in a cardboard box, or are filthy rich, you better be saving!!! minimum to set aside is 10% of your income, but that is bare bones minimum. don't count on the government of any country to help you, and if they do, it will be subsistance level only, don't expect to be warm and well fed. you have only yourselves to count on. I certainly hope your children will take care of you, but that mostly depends on how you raise them. are you raising them to believe that family is important, and that old people are to be respected and honored? are you raising them to be responsible adults and to have respect for others and themselves? even so, they could have tragedies in their own lives that prevent them from being there. and when you consider that people are living longer than ever, how do you think you are going to pay for your food, housing, medicine for all those years after retirement if you don't have some set aside? I bet if you go into a senior center or retirement home in any country, you will find plenty of people going without medicine, food, and other important things because their social security or government benefits just aren't enough. contact a financial advisor or do some research yourself and start saving and investing now.
427329
I suspect that early retirement would be the best option for all concerned at the age of 57.  Ill health early retirement might be possible in the case of serious ill health which is defined in your pensions scheme rules.  This is the same as early retirement except that your pension is not reduced by quite as much. (also there may be restrictions on what other jobs he can take)\n\nEarly retirement may require a reduction in pension.\n\nThe pension scheme and employer may be able to compromise over a half way solution between full ill-health and early retirement pension if he suggests it.\n\nIf he is happy to continue working in the job, then compulsory redundancy would almost always result in enhanced early retirement pension at his age.  \n\nIt is really something that ought to be arranged between the employer and the employee.
531588
Most US citizens get Medicare Part A for free when they turn 65 (or if disabled).  You then get the option to pay $88 a month for Part B (which you do).  This will cover 80% of most medical procedures, hospital stays, and doctor visits.  The other 20% gets paid by you, unless you get a supplemental insurance policy which I would highly recommend.  If you have private insurance or an HMO through your retirement (check to see if they will drop you when you turn 65) Medicare becomes the primary and they become the secondary.  If you don't have to pay for that coverage, keep it.  If you do, or they will drop you at 65, or your insurance doesn't come with retirement, look into a supplemental policy about 6 months before you turn 65.\n\nMedicaid is Welfare health care for the severely impoverished.  You must have very limited assets to qualify.  They will pay for your doctor bills, prescriptions, and long term care facility, but they want you to be completely broke, and if you own a house they will put a lein on it.  Stay away from Medicaid if you can afford to.\n\nHope that helps.  Contact an insurance company in your area that offer supplements about 6 months from your 65th b-day and get quotes.  Go with one that the agent provides and processes your claims.  Much easier for you in the later years when you may not be able to deal with the paperwork.  State Farm, Bankers Life & Casualty, Mutual of Omaha those are some of the big ones.
497846
If your future spouse works, they take that into consideration. SSD may cut your check some depending on how much your spouse makes but you wont lose all of it.
47551
Try the following: 1)Get the actual amounts you are eligible for at ages 62, 65 and 70 from the SSA.  2) Assume your remaining life span. Since you do not appear to need the money to live, base your decision on the maximum SS $ you will receive based on your assumed age at death.  For example if you are entitled to $1,000/month at age 62, or $1,200 at age 65 or $1,700 at age 70 and you assume you will live until 85 then the math would suggest if you began to draw at 62 and lived until 85 you would draw a total of $276,000; $288,000 if beginning at age 65 and $306,000 if you waited until you were 70. Ofcourse these calculations do not include the added cash you would accrue if part or all of the money were invested as you aged.  Remember the RULE OF 72. What percent do I need to double my money???  Divide 72 by the number of years and the answer is the percent needed.  For example to double your money in 12 years you would need 6% compounded.  (12 times 6 = 72).  It also works in reverse - if I can invest at 9% APR and compound the interest it would take 8 years to double my money. (9 times 8 = 72).  Teach this rule to your children and grandchildren and they will easily see the value in saving....and they have the best advantage of all.....TIME
187734
This is a little known mortgage option, cause there's unknowns.  The index that the interest rate is following is hard to look up.  I would not take this mortgage.  A fixed 15 or 30 year is better.  If you need to take on an adjustible, try a hybrid 5/1 interest only.\n\nhttp://www.bankrate.com/brm/news/Drdon/20050916a1.asp
649406
You better start thinking of getting together your accrued pension benefits and transfer it to your new job.\n\nElse, you can hire some goons who have a skill for tying fingers together.
563525
I would feel fine charging him rent, perhaps even more than he pays now.  While this might have the effect of driving him out of the house, it's not necessarily a bad thing for his age and position in life.  You may want to show him a budget, breaking down all of your expenses and incomes, and see if it makes the same sort of sense to him.  Show him how the money from the inheiritance has been used up, really break it all down by numbers.  This should also show you what you need to plan for in terms of your future and how much you should charge him for rent.  If the money works out that you are well off, maybe skip the rent.  But if it is still tight, keep charging him.\n\nLast resort, let him know you two will gladly pay rent when you move in with HIM and his WIFE.  Make sure she hears about that too, and I bet he'll sing a different tune!
213010
I had to go shopping for health insurance recently and got a lot of quotes with all kinds of options. Private pay - like what your asking. If your not over 40, healthy, don't smoke or have any special needs, then our situations are similar and I can tell you what I was impressed with. Out of 8 bids from various national company's; The two best were Mutual of Omaha and American Family. MofO was very impressive with coverage, additional free benefits and low cost riders like glasses and dental. American family was the same with an added benefit of a high yield health savings account that can be used as a tax deduction. Both had low deductables with free well care or low co pay well care, and were well under 200 a month not including riders. Good luck.