The New York Times reports that 10,000 individuals will start turning age 65 and qualify for Medicare each and every single day starting January 1, 2011 (1-1-11). YIKES: with all that is in the news about medicare and social security, this will have significant and almost immediate impact. Next, studies show that Boomers fear outliving Medicare. Maybe for good reason, but it also means that for as long as the programs are available it is important to understand the interplay between the various programs. This was the YIKES that I mention above. But, truly, all is not lost. If you have reached 65 and do not have the large bank account that you wish you had, fear not. This is the time to take your head out of the sand and develop a strategy to make the money last longer than your life.