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Turning 65 in 2020? Get These 3 Must-Know Tips


If you ask a typical American what age is the right one to retire, most would probably answer 65. Nowadays, many people aspire to retire earlier even as others find themselves having to work longer in order to make ends meet, but 65 is still a popular time to think about retiring.

One reason why 65 still holds a place in the collective consciousness as a milestone on the road to retirement is that many necessary elements for a successful retirement are still connected to that age. Regardless of whether you're already retired or aren't planning to retire right away, you'll want to know about the implications of turning 65. Below, we'll fill you in on three things that everyone reaching age 65 in 2020 ought to know -- and what action they can take to take full advantage of what's available.

The thing that more Americans look forward to when they turn 65 than anything else is getting to take Medicare benefits. Even if you retired a long time ago, the healthcare coverage that Medicare provides can be a lot easier to deal with than the options available to those who don't get their insurance through their employers.

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Source Fool.com


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