The thought of retiring is on the minds of many throughout their working life, but there are serious considerations as you approach retirement. Among them is health care.

The traditional retirement age in America is 65, which is when all adults are eligible for Medicare. While a guaranteed benefit, it does not cover everything. It is smart to consider your individual needs to determine whether you need supplemental health insurance, Kevin Lurie, senior vice president at NFP insurance brokerage in Independence, said.

Medicare Part A is free and it covers hospitalization, home health, skilled nursing and hospice. Medicare Part B, also provided by the federal government, covers outpatient care.

Part C, or Medicare Advantage, is optional and can be an alternative to Parts A and B. It typica

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