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Should You Take the Money and Run at 62? Social Security Could Be Cut 22% in 2032.
The word is getting out: If Congress doesn't act, Social Security retirement benefits could be cut by about 22% in late 2032. That's just six years away, and it has a lot of people spooked. The result? More Americans approaching retirement are apparently thinking about claiming Social Security at the earliest possible age, 62. Their logic is understandable. Take the…...
Top Retirement Towns
A relatively isolated, small beach community, Orange Beach is located on a barrier island along the Gulf Coast, close to the west Florida border. Bustling in the summer and much quieter in the winter, the year-round population is just over 8,000, and growing. Orange Beach is a booming tourist town. Fishing and golf-centric, Orange Beach also has beautiful bright-white beaches.…...
Manassas is the site of two famous Civil War battles (the first and second Battles of Bull Run). This town of about 35,000 people is close enough to Washington D.C. that is a suburb of that city, yet far enough away to provide some refuge for retirees who want to stay in the area in retirement. Five colleges have branch…...
Charlottesville, Virginia, the home of Thomas Jefferson (Monticello), has been ranked as the #1 city (Cities Ranked and Rated) as well as one of the best 100 places to retire. It is also home to the stately and picturesque University of Virginia, founded by President Jefferson. This college town offers a tree-lined dignity and charm that, combined with its location…...
Settled in 1894 by Nathan Boynton, Boynton Beach originated as a healthful resort in southeast Florida. A popular retirement community, the city includes sections that are on the barrier island and the connecting mainland to the east. This growing retirement community manages to retain some of the old Florida charm as a community with many retirees plus a diverse community…...