Question: We're 64 with $4.3 million saved. I want to retire now and use some savings to tide us over until Medicare kicks in. My wife says we should work 10 more months so we don't have to bridge that gap. Who's right?
Answer: There's a reason many older Americans wait until 65 to retire. Medicare eligibility generally begins at age 65, and since so many people get health insurance through their jobs, waiting until then can set the stage for a less stressful transition, financially speaking.
