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.
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