If you’re 65 or older, there’s a good chance that Medicare is your primary source of health coverage.
Important: You should sign up for Medicare during the seven-month initial enrollment period that’s closest to your 65th birthday—whether or not you’re still working. If you don’t enroll at this time, you’ll get other opportunities later on but you may end up paying more for your coverage.
But what if you enter retirement before age 65 and aren’t yet eligible for Medicare?
Healthcare.gov is a great resource with detailed information, but here are some key points:
TIAA-CREF offers further guidance on planning ahead for Medicare.