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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
Albuquerque is the largest city in New Mexico with 522,000 residents - many of them retirees. It was the 6th fastest growing city within the U.S in 2007. The city is set in a unique place near the mountains. Albuquerque is a vibrant college town, home to the University of New Mexico. Old Town provides an interesting shopping and tourist…...
Santa Fe, New Mexico, is one of the top cultural destinations in the world. Santa Fe's population of 88,000 (2021) has grown by 42% since 2000 with people aged 65+ accounting for almost a quarter of the population. Located at 7000 feet in the foothills of the Rocky Mountains, Santa Fe offers a unique climate for active adults 55 plus…...
One of America's most famous college towns is Ann Arbor, Michigan (population 123,000). It is home to the University of Michigan, whose 40,000 students dominate the town (in a nice way) culturally, economically, and demographically. The city has strict zoning regulations which make life difficult for developers but result in an extremely pleasant small town environment. Many alumni and midwesterners…...
Charlotte, is located in the Piedmont region in North Carolina, and is the county seat of Mecklenburg County. It has a population of 874,579 (2020 census), and is the most populated county in the state....