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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
Apache Junction is a town of 36,000 in the Phoenix Metro, just east of Mesa. This is one of the farther out areas of Phoenix that were badly affected by the housing bust of the late 2000's, but which has come back since. The nearby desert and the Superstition Mountains, a federal wilderness area, are quite beautiful. Photo of Flatiron…...
Lucca, Italy is a charming little town in Tuscany that has become a popular retirement spot for the British, French, and Germans in recent years. Although the city as a whole contains about 84,000 inhabitants, the old walled city, by far the most interesting part of town, has a population of only 7,500. Lucca's location in Tuscany about 50 miles…...
Port Dover is located on the north shore of Lake Erie in Norfolk County, Ontario, Canada, and is the fastest growing community in the county with approximately 6,000 full-time residents. The population of this beach community more than doubles during the summer tourist season with the influx of boaters, campers, vacationers, and day-trippers. Port Dover has been a popular summer…...
Key West, Florida is an extremely charming community, the southernmost in the U.S. Many active adults choose this city and island 90 miles north of Cuba as their retirement community because of its sub-tropical warmth, its diversity (home to many gays), and its laid-back charm. Key West offers a cross between a Caribbean island and an affluent U.S. tourist destination.…...