Opening a Window of Opportunity
You think you are young at 40 years old, right? But what if your intended life-long job was terminated and you’re not ready to retire? What do you do when a door closes on you like that?
You think you are young at 40 years old, right? But what if your intended life-long job was terminated and you’re not ready to retire? What do you do when a door closes on you like that?
I’m planning to retire next year. I served in the Navy back in the 1960s and need to make sure I get credit for my military service. What do I need to do?
One question that is frequently asked by people about to turn 65 who have health insurance through an employer is: “Do I need to enroll in Medicare?” Good question! If you or your spouse are still working when you turn age 65 and have insurance through your employer you may consider delaying Medicare Part A and Part B until you retire if you have Creditable Coverage, which means coverage as good as Medicare. Or you can choose to elect your Part A, which is premium-free, and delay Part B until retirement. Depending on the size of the group, one plan would be primary while the other would be secondary.
Need to work? Need to earn? If your answer is “yes” to either question, then here are three immediate actions that will improve the return on your most important investment — YOU!