Turning 65 soon?

Mark your calendar for this important milestone … turning age 65.

Don’t’ miss your window, there’s a penalty!

Mark your calendar the 1st day of the 3rd Month before your birth MONTH when you will turn 65.


NOTE: This is separate from and not the same as Social Security. However, you can go to your nearest Social Security office if you have Medicare enrollment questions.


When do you sign up? See Medicare Basics.


Medicare is not a full coverage plan, unless you have the Medicare Advantage Plan. Therefore you should purchase gap insurance.

If you want to do-it-yourself: Go to Medicare.gov and you can enter “choosing a medigap policy” in the search box … then look for the publication in .pdf format that explains the different coverages.

Then go to medigap insurance plan finder  to find which companies sell the gap coverage you want to purchase and what the premium might be.

Alternatively, you can have an agent who specializes in Medigap coverage help you find and purchase a plan.

If you have any questions, I am not an expert in the health insurance arena. However, James Holt is.







4 Responses to Turning 65 soon?

  1. Larry Frank, Sr. July 18, 2012 at 2:56 pm #

    I came across this excellent article in Wall Street Journal
    “How to Avoid Medicare Land Mines” By ELLEN E. SCHULTZ


  2. Larry Frank, Sr. January 13, 2013 at 7:54 am #

    However … receiving Medicare is NOT a reason to begin your Social Security benefits!!

    This research paper at the Center for Retirement Research at Boston College suggests people still confuse Medicare with Social Security when they go to start Medicare. They are separate! Claiming Social Security early in many cases leads to lower benefits … often with lifetime effects for survivors.



    When Social Security’s Full Retirement Age (FRA) increased to age 66 for recent retirees, the peak retirement age increased with it. However, a large share of people continue to claim their Social Security benefits at age 65.
    This paper explores two potential explanations for the “stickiness” of age 65 as a claiming age: Medicare eligibility and workers’ lack of knowledge about their future Social Security benefits.
    First, we analyze the impact of Medicare eligibility by comparing two groups – one has an FRA of exactly 65; the other, between age 65 and 2 months and age 66. We find that the group with later FRAs who do not have access to retiree health benefits through their employer are more likely to claim Social Security at age 65. We interpret this finding as evidence that Medicare eligibility persuades more people to retire, because they can begin receiving federal health coverage.
    Individuals without access to retiree health insurance at work are 7.5 percentage points more likely to retire soon after their 65th birthdays and are 5.8 percentage points less likely to delay retirement until the FRA than those with that insurance. This result fits into extensive research showing that access to health insurance is an important component of the retirement decision.
    On the question of whether misinformation about Social Security benefits may drive individuals to claim at age 65, we find that some individuals are unable to accurately forecast their retirement benefits. However, our analysis suggests that there is no relationship between this confusion and the age 65 peak for claiming Social Security.”

  3. Larry Frank, Sr. August 13, 2013 at 6:05 pm #

    The Medicare.gov website changes their pages often. Therefore, as a note … you can simply go to the home page for Medicare http://www.medicare.gov/ and follow the various navigation links there for the same information you would have got from the links above … but can’t now because they’ve changed the links. My apologies for this … but getting to the main site and navigation yourself through their site is much more reliable than my trying to keep the links above correct (almost impossible to keep up with their webmaster … which is good because the site is a good one).

    If you have questions, the link to Jim Holt above is where I suggested you start.

  4. Larry Frank, Sr. July 29, 2016 at 2:00 pm #

    Here’s a website by the National Council on Aging about all things Medicare … the site is a bit more understandable than the Medicare site


Leave a Reply