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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
Lafayette, the 4th largest city in Louisiana, will appeal to many baby boomers who relish the idea of cajun culture. It has a warm climate in winter, a high per capita ratio of restaurants, a major university (University of Louisiana at Lafayette), Creole and Cajun culture, and a wide variety of outdoor activities. Lafayette is referred to as the “Cajun…...
Ridge is a town in Suffolk County, Long Island of about 13,000 people. It is north of I 495 and near Manorville and Medford. Because it is some distance from NYC it is becoming home to many active adult communities, including some large ones (see Active Adult Communities link at top left). The Zillow Home Value Index was $324,757, in…...
The City of Fort Walton Beach, on “The Emerald Coast” is a popular beach and fishing community of about 20,000 residents on Florida’s extreme northwest coast, almost in Alabama. The busiest time of the year is summer, although it is also a popular destination for spring breakers. Many of its residents are active adults using it as a retirement community.…...
Lufkin, Texas has been selected as one of the first to receive “Texas Certified Retirement Community Certification”. Town officials, which pursued this certification as an innovative form of economic development, viewed the honor "as a verification of Lufkin's quality of life". Nacogdoches County - located 18 miles north of Lufkin - was also honored as one of the first three…...
