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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
Living in Chicago as a retirement community has many advantages for active adults 55+ with the means to do it. You get a walkable downtown with great public transportation. Many apartments overlook beaches or harbors on Lake Michigan. Great boating is at your doorstep, as are many lifetimes worth of cultural programs. With 18 miles of public parks around the…...
Punta Gorda, Florida is a small community of 17,000 on the Gulf Coast of Florida between Sarasota and Fort Myers. Many 55+ retirees choose this city as their retirement community because of its sub-tropical warmth, its small town feel, and it a bit more sophisticated and upscale than neighboring towns like Port Charlotte. The city, located in Charlotte County, was…...
York, Pennsylvania is one of the most inexpensive places in the USA to live in. Homes cost on average less than $100,000. The area obviously had some rust-belt type setbacks, but is now actively looking for economic growth. York is on Pennsylvania's southern border, closer to Baltimore (48 miles) than Philadelphia (108 miles). Photo of the Strand-Capitol Performing Arts Center…...
Delaware, Ohio, is a lovely college town about 22 miles north of Columbus. It is home to Ohio Wesleyan University, one of the many excellent liberal arts colleges in the Buckeye state. Being close to Columbus and Ohio State University adds to the attraction of small town living. The city combines a traditional downtown shopping area that includes the Delaware…...