Retiring soon? These Medicare mistakes could cost you big in 2026 — here’s how to avoid them

picture alliance/Getty Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Turning 65 in the U.S. means finally being able to rely on Medicare covering most of your health expenses. But before you join the 62.7 million Americans enrolled in this program, it’s important to understand what’s covered and what’s not (1). While trying to navigate the rules around Medicare can feel overwhelming, avoiding common mistakes can help protect your retirement fund. Mu ...