Why should you plan ahead for retirement? After all, you are going to be receiving Social Security when you reach the age of eligibility. And, when it comes to health care expenses you have no worries because you will be eligible to participate in the Medicare program.While some people do embrace this point of view doing so can result in some rather negative consequences.The truth is that Social Security is not enough to live on comfortably in most cases. The actual average will fluctuate … [Read more...]
Is Medicare Free Once You Become Eligible?
If you or your spouse have worked for at least 10 years you should qualify for Medicare when you reach the age of eligibility. Unlike Social Security the age of eligibility for Medicare is the same for everyone regardless of the year during which you were born. As of this writing you become eligible to receive your Medicare benefits when you are 65 years of age.So at that time you have reached health care Shangri-La, right? You no longer have to worry about paying any medical expenses … [Read more...]
