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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
Sometimes referred to as "Hill City" because of its rolling landscape, Lynchburg (population 73,000) is located in central Virgina and often lands on the "Best Places to Live" lists. Thomas Jefferson built his personal retreat here, Poplar Forest. Nowadays it is a subdued but lovely town with working class values. Five lively college campuses make Lynchburg a vibrant college town.…...
Hudson is a town near Marlborough and Worcester, about 30 miles west of Boston. Formerly known as "Shoe Town", at one point Hudson had 17 shoe factories. As a result of that work it attracted a number of Irish and Portuguese immigrants. The population is about 14,000. Photo of Wood Square, and photo of Unitarian Church, built in 1861, courtesy…...
Toledo is a city of over 300,000 people in northwestern Ohio. The city is located on Lake Erie and the Maumee River. The city has a proud past and many fine institutions. Many of the suburbs are quite nice. Photo of Aerial view of Maumee Bay State Park on Lake Erie courtesy of Wikipedia and Ken Winters, U.S. Army Corps…...
Sacramento is the capital of California, located east of San Francisco in the interior of the state. It was the terminus of the Pony Express as well as the first Transcontinental Railroad. Sacramento was the major city supplying the Gold Rush that began nearby in 1848. The population was 513,000 in 2019, over a 10% increase from 2009. California State…...