# America's Elder Crisis, Medicare Edition **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [March 4, 2021, 5:55am UTC](https://boards.straightdope.com/t/americas-elder-crisis-medicare-edition/937146 "2021-03-04T05:55:49Z")\ **Posts on this page:** 1\ **Showing post:** 292
**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\ **Post date:** [January 25, 2024, 11:52pm UTC](https://boards.straightdope.com/t/americas-elder-crisis-medicare-edition/937146/292 "2024-01-25T23:52:04Z")
> [@teelabrown](#): > > Here in California, the gain might be considerable if you’ve owned your home for decades, and Social Security/Medicare will assume you made a buttload of money during the year of sale and your Part B might go through the roof. Yay. When I first went on Medicare, right after I retired, they computed the Part B cost based on my work income and it was high. It eventually went down though. > [@teelabrown](#): > > And I keep reading articles asking why boomers are staying put in their too-large homes in retirement rather than moving to smaller quarters. This Medicare Part B issue, the capital gains tax on the profit from your home sale, the California homeowners insurance meltdown, the 6% realtor’s fee, and in our case a sewer lateral repair requirement before home sale, might be why! My gain would be a lot more than $500K, not that I’m complaining. The tax on the excess is a lot more of a worry than Part B, not that I’m complaining. On the bright side, the 6% reduces your gain. We have a lot of geezers like me in our neighborhood for this very reason, and my old boss who has renewed his real estate license confirms that it is an issue. --- _[View the full topic](https://boards.straightdope.com/t/americas-elder-crisis-medicare-edition/937146)._