About to retire - need answers

I'm mainly bumping your question for others, but it would help to know your age.

I am turning 64 in January, so will only need the coverage for 2015, as I will be eligible for medicare next year.

Please clarify. You will have 59k in income after only working 2 months in 2015? Or, are you including investment income? Or, did you mean 2014 rather than 2015?

I don't live in the US so I don't know how your system works but it seems to me it might be worth talking to an accountant or financial adviser about this..

Yes, salary for 2015 includes my regular salary, a very generous bonus from last year (payable in 2015), and a pension from a previous job. All totals 59K.

Anything that is considered as income in your MAGI (modified adjusted gross income), is counted as income for Obamacare.

Here is an online calculator to help you figure your approx premium.

http://kff.org/interactive/subsidy-calculator/

Your income is high, so according to this calculator, you wouldn't be receiving any subsidy.

So if my income stops on February 25, do I still have to estimate my salary as if I would be making it for the full 12 months?
If not, my MAGI would be somewhere less than 59K, which would qualify for assistance. Am I understanding this correct?
Also, what if I decide to retire in June. Can I apply for assistance, or is there only one sign up period - Feb 15?

I didn't say that.

I said your MAGI for the year, according to you, was going to be around $59,000.

Do you imagine that someone who has a MAGI of around $59,000 a year is going to qualify for any type of subsidy?
You do realize that people get a subsidy of various amounts if their income is within/below certain levels, right?

Did you click on the Kaiser link I provided? If you did, you would have the answer as to approximately how much insurance will cost you.

If you clicked on that Kaiser link, you would have read that assistance is available (in widely varying amounts) only if you make up to 400% of the poverty level or less. I'm sure you must have read that if you went to that calculator. If you didn't, you need to do that.

Here is a 2nd link that will also answer you questions as to when you can apply for insurance.

https://www.healthcare.gov/

If you leave a job, you are able to apply for benefits because that is a change of life. Just like if you had a child, someone insured died, you married, got a job that provides insurance, etc. etc.

You will also still have the alternative option of up to 18 months of COBRA coverage after leaving your job.

Click here to read up on the variables: https://www.healthcare.gov/unemployed/cobra-coverage/