Retirees who are in early years of retirement and who are healthier are happy with Advantage. Those approaching The End and who are seriously sick with cancer, organ failure, whatever it may be, are unhappy with Advantage.
So you have to ask yourself… which group do you want to be in?
1 ADVANTAGE - healthy
2 ADVANTAGE - sick
3 Original Medicare - healthy
4 Original Medicare - sick
OHHH but here’s the trick… groups 1 and 3 don’t last! Everyone gets sick!
Since you can’t get back into Medigap easily or at all, it’s like the insurers have gamed your psychology… they are playing on the fact that you are anchoring on your age 65 health (which may be good) and you are doing the behavioral financial thing of Recency Bias… assuming that recent states will persist.
Go ask 85 year olds if they are in good health. Some are. Then ask 90 year olds. Etc.
Exactly the same as “the S&P 500 went up 20+ % the past couple of years, so I can count on it outperforming like that into the future… I’ll be a HODLER of VOO and/or BTC for the next 20 years… then retire to an island at age 45!” Yeah buttercup, just wait for the next 50% drawdown then we see if you have The Iron Hands.