High-income retirees can pay $12,000 to $15,000 yearly in Medicare premiums. Strategic conversions can cut lifetime premiums by over $100,000, though you may pay more temporarily while the plan takes effect.
A lot of high income retirees can see their Medicare premiums easily go to 12 to 15 thousand dollars a year each. So having a strategic game plan for conversions now can save you well over $100,000 in total Medicare premiums over your lifetime. So if you're already retired and you're on Medicare, you are going to pay higher premiums for a few years while you're executing whatever your conversion game plan is going to be. But what we see in our practice, we with hundreds of people every single year, is a substantial lifetime savings of Medicare premiums for those who find the right plan.
