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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
Solvang is a small town of about 14,000 people in the Santa Ynez mountains of Southern California. Solvang, which is Danish for "Sunny fields", is about 35 minutes inland from coastal Santa Barbara. Nearby towns include Lompoc, Buellton, Ballard, and Los Olivos. The area was made famous when “Sideways”, a dark movie about 2 wine-loving bad boys, was filmed here. …...
Salida is a town of 5,300 located near the center of Colorado and west of Colorado Springs. Formerly a railroad, mining, and ranching town, Salida is popular with retirees looking for outdoor adventure and a laid back atmosphere. At least one magazine has named Salida a great place to retire. The nearby Monarch Ski Area is a big attraction, as…...
Red Wing is an award-winning town of about 16,000 in southeastern Minnesota. Red Wing has a strong and beautiful downtown. It also has an impressive economic base with several recognizable manufacturers, plus the nearby Treasure Island Resort and Casino. The town had an early heyday as a stop for steamboats on the river and for its rich farm land.Red Wing…...
Homer, a small fishing and resort town of about 4,000 people in Alaska, is a paradise for outdoor loving active adults 55+. Perhaps the one place in the world where there are so many unruly bald eagles that they could be satirized as pests (on John Stewart's “The Daily Show”). This town at the southwestern end of the road from…...