12 Reasons You Should NOT Retire Early

YOU’LL BE IN THE HEALTH CARE WILDERNESS UNTIL MEDICARE KICKS IN

Medicare is one of the most popular government programs in history — and for good reason. Most seniors rely on it to provide for most of their healthcare needs. With a few exceptions, you don’t become Medicare eligible until you’re 65.

If you have employer-based insurance, that disappears when you hand in your two weeks notice. Health care costs — especially for older Americans — are expected to skyrocket. If you retire early, that’s your cross to bear until Medicare kicks in, and even then, you should expect to spend a nice chunk of change on supplementary “gap” coverage.