What You Need To Know
When planning to retire, there’s a lot to consider and it can feel overwhelming. Use this information to help you feel confident when you’re ready to take that next step.
Planning for Medical Coverage
Take time now to look into Medicare. Medicare can be difficult to understand. There are two things you will need to consider:
- When to enroll in Medicare
- How Medicare enrollment affects your HSA
You can access more information through the Medicare website.
Creating a Budget
This is also a good time to create a retirement budget to make sure you’ll have enough money to live on. You may be eligible for Social Security benefits at age 62, but there are good reasons to wait until your full retirement age of 66 or 67 — or later — before receiving Social Security benefits.
You can get more information through the Social Security website.
