If you are 65 or over, you are most likely eligible for Medicare, but original Medicare may not cover everything. Medicare Advantage plans offer more services but have risks. Finance expert Suze Orman advises closely monitoring your plan for changes and appealing coverage denials, as 80% of appeals are successful.

Orman recommends budgeting for healthcare costs in retirement, as Medicare may not cover all expenses. Fixed-income investments like annuities can provide a stable income stream for medical care. Understanding the different investment paths can make a significant impact on your wealth. Learn the difference and choose the right path for financial success.

Read more at Yahoo Finance: If You’ve Signed Up for Medicare Advantage, You Need to Read these Suze Orman Tips