8 Reasons to DELAY Medicare Past 65 That Will Save You Thousands and Avoid ALL Penalties

Companies don’t try to move older employees off Medicare. They just try to find ways to move older employees out the door.

For a lot of people Medicare at 65 is a blessing. We couldn't wait. My wife had been putting off hip replacement surgery for years due to high deductibles and copays with our employer's plan. On Medicare (and G Supplement) all we paid was the part B deductible of two hundred and some odd dollars! It was life changing for her.

Green with envy that such a young, intelligent, handsome man understands the intricacies of Medicare. Why did the federal government decide to torture retirees with such a convoluted health care system...? There should be a Medicare Part M for those who suffer from trauma of dealing with this information and decision. Thanks for the information - very helpful to a 64-year/10-month old.

Guess what? At 65 years old with no insurance and heart disease you best believe I'm getting on medicare. No medication for my heart for 12 Years! Damn right I'm getting medicare

Developed a cataract at 62 and I was praying to make it to 65 so my Medicare would kick in. I made it and Medicare saved my sight that's for sure.

I'm taking Medicare at 65. Money isn't everything. Health and the piece of mind is everything at this age and beyond.

Blue! I don't think you're long winded. This information is complicated, and I so appreciate your thoroughness!

Turquoise!!! Your vids are awesome. I just turned 65; my role as a fed contractor is ending May 31 (role being eliminated). Surprise! I was planning on retiring end of this year, but things happen. So although I went on Part A this March, I just signed up for Part B and an N plan effective June 1. I could NOT have done this confidently without your channel/content. Even if my company offers me a new FT role on a different contract (highly likely), I think I am going to turn them down and see if they have any PT or contract gigs I can do that will keep me below the SS max income levels. I am blessed to have healthy SS income and can live off that and short-term savings for the rest of this year - probably even longer - and not touch a dime of my retirement yet. NO worries - I will like and stay subscribed forever - the algorithm is with you!

I’m retired military. In order to keep my Tricare insurance, I have to get Medicare at 65.

Nice that your daughter can contribute to your video. My employer bounces between 19 to 21 employees. I took Part A at 65 to avoid the penalty.

Being able to enroll in traditional Medicare (A,B,D,G) and to start collecting Social Security allowed me to walk away at age 65 from my shitty employer and company health insurance to change focus from an unfulfilling career to pickup the creative arts I had to put on a back burner to make a living has been truly liberating.

It’s saved me tons of money, was on a work plan provided by my large international corporate employer, and when I stopped working it was simple to choose gap ins and drug plan. My insurance costs dramatically dropped once I was on Medicare.

Best video I have seen redarding when to start Medicare. I plan on possibly working til age 67 and still being covered by employer insurance. I didn't know I could delay both A and B. I thought I was going to have to stop contributing to my HSA 6 months prior to turning 65. Good to know I'll have a couple more years to fund my HSA than I previously thought. Thanks for doing this video.

Green! I am 61 and appreciate all of your videos as I'm trying to decide when to retire.

Blue! THANK YOU for this information! I had always been told that it was mandatory to take Medicare at 65; how nice to find out I can delay that and continue contributing to my HSA for additional years. New subscriber!

Chartreuse. 67 and looking to retire that end of next year if they don't put me out to pasture before then. Been on part A since 65, with company health plans that change every year. The agent at my local SS office went above and beyond to explain everything to me when I signed up. He was extremely helpful.

Dark Blue- Great info for someone who is turning 64 in a couple weeks and on an ACA Policy. I will be definitely signing up for medicare at 65 and keep my younger non-working wife on the ACA Policy for a couple more years.

All of these details make my face turn GREEN. Thanks for the help and information!

blue you do great work, and NO, you are not long winded especially discussing such a convoluted topic as Medicare. thank you for your time and interest on discussing Medicare

Sky blue. Thank you very much. I thought I had to take Medicare at 65. I am in Healthcare and did not know that. Awesome info!