Step 1
Enroll in Medicare Parts A and B
Most people become eligible for Medicare Part A (hospital insurance) and Part B (medical insurance) at age 65.
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You can sign up as early as three months before your 65th birthday to ensure coverage begins the month you turn 65.
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If you're unsure where to start, we can guide you through the enrollment process.
Step 2
Explore Medicare Advantage (Part C)
Medicare Advantage (Part C) plans combine your Part A and Part B coverage, often including extra benefits like prescription drug coverage, dental, or vision care.
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These plans may offer lower costs compared to traditional Medicare plus a Medigap plan but usually limit which providers you can see.
Step 3
Consider a Prescription Drug Plan (Part D)
Prescription medications can be costly. A Medicare Part D plan helps reduce out-of-pocket expenses and provides coverage for many common prescriptions.
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Most people find that enrolling in Part D significantly lowers their yearly drug costs.
Step 4
Look Into a Medigap Supplemental Policy
Original Medicare doesn't cover all medical expenses. A Medigap policy (also called Medicare Supplement Insurance) helps pay for costs like copayments, coinsurance, and deductibles.
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You have a six-month window after enrolling in Part B to buy any Medigap policy without medical underwriting — don't miss this important opportunity.
Step 5
Consider a Prescription Drug Plan (Part D)
Medicare doesn't cover long-term care, such as home care, assisted living, or nursing home stays.
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A private long-term care insurance policy can help cover these costs. Mid-60s is typically the last affordable time to purchase coverage, so now is the ideal time to explore your options.
Step 6
Plan Your Social Security Benefits
Deciding when and how to start your Social Security benefits can impact your long-term financial security.
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We can help you understand your options and create a strategy that aligns with your retirement goals.
Step 7
Learn About Financial Assistance Options
If you have limited income or assets, programs like Medicaid and Supplemental Security Income (SSI) may be able to help.
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Medicaid can cover full medical expenses and long-term care, while SSI provides additional monthly financial support alongside Social Security benefits.
Step 8
Get Your Legal Documents in Order
Even in good health, it's important to prepare for the unexpected.
Consider establishing:​
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A will
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A power of attorney for finances
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An advance medical directive (living will)​​
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These documents ensure your healthcare and financial wishes are respected should you ever be unable to make decisions yourself.