Originally Posted by
UVAhoo06
...and I have 65 minutes to connect to the last flight of the day to MXP (AZ 1030)...
You'll have plenty of time, provided your inbound flight is not delayed. You'll be arriving to and leaving from Terminal 1, so from arrival gate to departure count no more than 10 minutes. And your luggage should also be safe.
A word of caution: As flights in Europe often accumulate delays over the day (happens to all airlines, not only AZ), I'd look at a Plan B. How would you get to Milano? Would it be possible to take an earlier flight from MAD or switch the departure of your TATL to FCO? Look also at the possibility of using the train for your domestic leg. I know, I know, I'm overcautious, but you not only risk loosing your connection, but also your ticket!