The ideal time to sign up for Medicare and Social Security depends on your specific situation. Generally, you should enroll in Medicare when you turn 65, as it provides health coverage for individuals in the United States who are 65 and older. However, if you or your spouse are still working and have health insurance through your employer, you may choose to delay Medicare enrollment until you retire or lose your employer-sponsored coverage.
As for Social Security, the best time to sign up depends on your financial needs and personal goals. You can start receiving Social Security benefits as early as age 62, but your benefits will be reduced if you claim them before your full retirement age, which ranges from 66 to 67 depending on your birth year. If you wait until after your full retirement age, your benefits will increase by a certain percentage for each month you delay claiming.
In summary, it's important to consider your individual circumstances when deciding when to enroll in Medicare and Social Security. Consult with a financial advisor or the Social Security Administration to determine the best course of action for your specific situation.