The answer to “Should you be enrolling in Medicare?” is usually right away — though with a few caveats. After all, it’s estimated by the folks at Fidelity Investments that a 65-year-old couple will, on average, spend about $260,000 out of pocket on healthcare expenses during their retirement — and that’s including expenses covered by Medicare. You don’t want to face healthcare costs without some kind of coverage, and Medicare is the best place to start. (You can always buy additional coverage beyond Medicare.)
Selena Maranjian writing today for the Motley Fool makes the above observation and adds some additional excellent points for us to consider.