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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
Melbourne is a vigorous retirement community of 84,678 (2020 census ), located mid-way down the east coast of Florida. Its redevelopment efforts have resulted in a revitalized and growing community. After the Civil War, Melbourne was founded by former slaves. The first school in Melbourne was built in 1883 and is now part of the Florida Tech campus. Many high-tech…...
Elkton is located on the colonial highway of America in Maryland, and sits at the north headwater of Chesapeake Bay. The historic town played a part in both the Revolutionary War and the War of 1812, and has been the county seat since 1787, with many of colonial structures still remaining throughout the town. Cecil College is located here, making…...
Pompano Beach, Florida, is a large community with over 100,000 residents, many of them retirees. It is named after the tasty fish local to these waters. CNN, Money Magazine, and the Wall Street Journal have touted this city, located just to the north of Fort Lauderdale, as one of the nation’s hottest vacation home markets. As a retirement community Pompano…...
Clarksville is the home of Austin Peay State University. Located in western Tennessee, Clarksville, with a population of 166,722 is a popular town for retirees because of its low cost and low taxes, along with the many recreational opportunities available in this state. Which are reasons why Clarksville is one of the fastest growing cities in Tennessee. The population increased…...
