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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
A town of under 7,000 in Sussex County, and growing rapidly, Millsboro is located in southeast Delaware, not far from Rehoboth Beach and Delaware's beaches. It is a small, pretty historical town. Its origins come from being the first point on the Indian River narrow enough to build a dam for water power. Millsboro had always been a market center…...
Oxford Connecticut is one of the fastest growing towns in the state. Residents of nearby Fairfield County have discovered its charm and lower housing prices, which are among the reasons why the population grew 25% between 2000 and 2005. The town of Oxford actually consists of 3 communities: Quaker Farms, Riverside and Oxford Center. It is west of New Haven. …...
For active adults 55+ in retirement, living in St. Simons Island, could be like going to paradise. The island, one of the Golden Islands, is immediately adjacent to Sea Island, which has some of its exclusive resort facilities here. About 15,000 mostly affluent people live here, the average age is a fairly high 56. Brunswick is the biggest nearby town,…...
Tacoma is a port city of 200,000 on Puget Sound, about 32 miles southwest of Seattle. Commencement Bay is the deep water port for the City, one reason why Tacoma was chosen as the western terminus of the Northern Pacific Railway in the late 1800's. The University of Washington has a branch in Tacoma. The city has invested heavily in…...
