I understand. It's important to consider that Medicare usually starts when you reach age 65.
Are you planning to delay starting your benefits?
Yes, I was thinking about doing just that. You know, my current situation made me think a delay might be a good idea.
In that case be sure to contact Social Security about 3 months before you turn age 65 to check about applying for Medicare.
What about my wife? I think she also qualifies for benefits from my record.
If your wife qualifies for benefits from your record, the value of her benefits, added to your own, may help you decide if taking your benefits sooner is your best choice.
Got it, but I do have health insurance at my current job. Does this impact my Medicare plans somehow?
Even if you have health insurance through a current or former employer or as part of your severance package, you should still check to see whether you need to sign up for Medicare. Some health insurance plans change automatically at age 65.
Will do. So tell me, could I also choose to get my retirement benefits earlier?
That is possible, you may choose to start receiving retirement benefits earlier.
Well, I'm just thinking here. About life expectation and all. What good is retirement if I don't live to see it?