Transitioning into retirement requires careful consideration of available resources for a smooth financial journey. Two essential aspects to focus on are Medicare and Social Security.

Medicare, a federal health insurance program, offers coverage for individuals aged 65 and older and certain people with disabilities. Understanding the different parts of Medicare—such as Part A (hospital insurance) and Part B (medical insurance)—is vital for meeting your healthcare needs during retirement.

Meanwhile, Social Security provides crucial financial support to retirees. Familiarizing yourself with these programs early on can help ensure a more secure and comfortable retirement experience.

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