Although you might not care much about what age you are, the government does. It’s very important you keep track of key age-related milestones in retirement. If you fail to properly plan around these, you may be missing out on some opportunities – or even face penalties.

As you enter the end of your working years and transition into retirement, these key dates are critical. You really need to start paying attention to these in your 50’s and 60’s. Once you’ve reached your 70’s, the actions tied to your age start to taper off, but there are other important factors to consider.

Your medical care is one of the most important decisions you need to make as a retiree. Getting these top 5 Medicare considerations right could keep you from making a huge mistake. Medicare is a major part of the retiree healthcare equation.

Planning around Medicare is essential for your financial planner or advisor to consider too. Your decisions on medical care can have significant impacts on your retirement expenses.

This post was last updated on December 29, 2022, to reflect all updated information and best serve your needs.

Interested in keeping your medical costs low in retirement? Failing to plan out key details could cost you if you’re not careful. Income Related Monthly Adjustment Amounts (IRMAA) for your Medicare Part B and Part D premiums are a prime example.