More and more seniors who have worked their entire life and are looking forward to enjoying financial freedom from their fruit of labor are going bankrupt. And the number 1 cause of this is unexpected medical bills.

Discover how to avoid making any bad decisions at the age of 65 about the type of medical cover you need, so that you can avoid unnecessary financial burden.

• How waiting to enroll in Medicare because you are still eligible for insurance under your employer’s plan can attract stiff penalties.(Page 3)

• Understanding the differences between Medicare Advantage and Medigap will save you a lot of hassle and money. Here's a complete breakdown of what each of them has to offer. (Page 6)

• Getting confused between these two enrollment period options can lead to additional costs and penalty fees. (Page 11)

• Many people make the mistake of assuming the Medicare plan they chose at 65 is still the best coverage for them at 70 or 75. Here are 3 reasons you might need to adjust your Medicare coverage as you age. (Page 14)