I'm planning on retiring when I turn 65, which is in five months. Do I wait until I'm 65 to apply for Medicare? – Sharon V.

If you're already receiving Social Security benefits, you'll be automatically enrolled in Medicare Parts A and B when you turn 65, says James Long, a licensed health insurance agent at Young's Insurance Services in Eagleville, Penn.

If you're not receiving Social Security benefits, however, consider signing up soon. As does the Social Security Administration, Long recommends that you apply three months before your 65th birthday to ensure your coverage begins the month you turn 65.

You can apply for Medicare online through the Social Security Administration's website or by calling 800-772-1213. Alternatively, just pop into your local Social Security office and do it in person.

— Marc Mewshaw

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