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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
Woodbridge is a suburb of Washington D.C., along the Potomac River. The city has been trying to transform itself with the addition of various Town Centers along the lines of those in Reston, Va and other planned communities. For more detailed information about the area see our review for Alexandria. The diverse population is about 42,000 (2020), with the average…...
Toms River is the county seat and largest town in Ocean County, New Jersey (also includes Dover, both are part of Toms River Township). The 2010 population was about 90,000. Residents of nearby towns like Brick, Manahawkin, and Lakewood tend to come here for shopping or doctor's appointments. It has a busy downtown thanks to many government buildings, yet it…...
Manchester is a township in southeastern New Jersey that was formed from land formerly in Dover Township (now Toms River Township). The population is about 50,000 and includes Lakehurst Naval Air Station, the scene of the famed Hindenburg disaster. This township in Ocean County is mostly suburban with a very high concentraton of retirees. It includes portions of New Jersey's…...
Bakersfield, an inland city between Los Angeles and Fresno, is one of the largest cities in California. Located in the San Joaquin Valley in Kern County,is also very fast growing with a population over 300,000. Its economic routes are in agriculture, petroleum, and (long ago) gold mining. Bakersfield College and California State University-Bakersfield are 2 large colleges in the area....
