I'll be hitting 65 next May. I haven't asked yet how big a hit Medicare will be for me. Can you give me a ballpark figure or does it vary with your SS amount?
You will get more (unless they've changed it recently) by waiting until 65 but they encouraged me to start at 62. The worker said I'd get about $800/mo if I'd wait until 65. Now since I get taxed on it some years, I don't know if I should have waited, thought about paying it back and reapplying but that's over now and I didn't have enough money at the time, well needed it for something else.
Now this past year was higher income, and my ss got taxed to the max, 85%. That is as much as they can take. If you have supplemental income somewhere under $25,000, maybe about $22,500 or below, none of your ss will be taxable (there's a worksheet in the long form instructions online, looks complicated but if you just follow each instruction, it's not that hard).
That's for single filer. Probably different for married couples or married filing separately.
Here's what I've paid the last 3 years, but it's based on a total $9114/year. Part B $1158; Part C $289.20 Part D $130.80. I get what's left after all that broken down by month. The entire amount may be subject to tax; subject to tax in my state, too, another consideration.
Both B and D will most likely go up for next year.