As inflation and a rocky stock market continue to eat away at the nest eggs of older workers approaching retirement, working longer than expected is increasingly on the table. But a recent Allsup survey found that fully one-third of those nearing retirement age (62-64) who plan to keep working past 65 don’t understand they can sign up for what is often more affordable Medicare coverage, even while they’re still employed.
With retirement perhaps further away for many, individuals need help understanding their options. Plus, employers can ensure their workforce has access to expert health insurance assistance to make the best decisions for their own situations.
Here are some answers to common questions surrounding retirement postponement and Medicare coverage, including common misperceptions: