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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
Sedgefield is a peaceful town of 8,200 on the southeast coast of South Africa. It was settled in the 1920's when it was advertised as the new winter resort. The town’s motto of being a place where ‘the tortoise sets the pace’ will give you an idea why it is popular for retirees looking for a good place to retire.…...
Baby boomers will find a retirement lifestyle in La Jolla, California (population 46,000), that is tops for scenery, climate, and proximity to the rest of the world. La Jolla features magnificent estate homes set atop hills and small mountains, nestled by the ocean in an upscale community. The Village (of La Jolla) is its charming downtown area. La Jolla is…...
Harlingen is a growing town of 65,000 near the southern tip of Texas near San Padre Island. Residents enjoy year round access to the white sands of South Padre Island or visit Mexico for dining and shopping. Both locations are just 40 minutes away. Harlingen has a public library and abundant volunteer opportunities. Spanish is spoken more than English.It is…...
Collierville is one of the fastest growing communities in Tennessee, as well as one of its most affluent suburbs (the average HH income is almost $100,000). This town of 45,000 is located in southwestern Tennessee, 20 miles from Memphis and Alabama. Retirees are moving to Collierville because of its favorable tax climate, charming downtown, and great recreation. Fedex has a…...
