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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
Muskegon, Michigan, one of the deepest ports in the Great Lakes, is the largest populated city on the eastern shores of Lake Michigan, with about 38,000 residents (170,000 in the county). It is the commercial center and the county seat of Muskegon County. Located along the shores of Lake Michigan and Muskegon Lake where boating is popular, it is also…...
Stonington, a former fishing village of about 18,000, is one of the most charming towns in Connecticut. The downtown area, which is referred to as the Borough, features two lovely long streets with many good restaurants and interesting shops. There is a big public beach right there, along with the Stonington Harbor Light, the first lighthouse established by the federal…...
Reno, "The Biggest Little City in the World", is the 4th largest city in Nevada with a population of 264,165 (2020 census). It is near the slightly smaller city of Sparks in the northwest corner of Nevada. Reno came to fame in the 20th century when people from the east, particularly New Yorkers, came here to get a quickie divorce.…...
Palm City is a prosperous town across the bay from Stuart, FL (about 2 miles away). The average age in Palm City is 49 and the average household income at about $72,000, indications that it is a popular town for affluent retirees. Being close to the beautiful city of Stuart with its shops and restaurants is a definite plus. The area is filled…...
