Why Medicare Surcharges Can Shock Retirees

[PoindexterOglethorpe]

5. My first year of retirement I had enough income from investments

that I got hit with the IRMAA, which was honestly a shock. I had not known about it until it hit me. And frankly, because of the way my income was, it was barely affordable. My supposed higher income was in sales within my investments, not a penny of which came to me. Sigh.

Since then my finances have become much simpler, which is nice. I have enough money to afford a basic life, with occasional luxuries such as going to one of my science fiction things, or a recent trip to the east coast to deal with some family health issues. The best part of that second thing was that I got to see My Son The Astronomer whom I had not seen since October, 2019. Hooray!

I know that I am extremely fortunate in that my basic expenses are well covered and I can do some extras. My health is for the most part very good and I have very low medical costs, lucky me.