Missing the Medicare application window
Considering the constant changes in the retirement age goalposts for Social Security, we do have one good news. The age for Medicare eligibility remained the same, which means you need to apply for this program when you’re 65 years old.
Should you miss this opportunity, you might need to pay late enrollment penalties. Given that money is usually taken from your Social Security to pay for most benefits such as Medicare, you might end up having a lower Social Security benefit.