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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
New Kent is a small town and the county seat of New Kent County, Virginia, with a population of approximately 500 residents. The area is becoming popular with retirees with the average age to be about 50 years, and offers outdoor recreation, vineyards and historical sites. It is located about 30 miles east of Richmond, and 30 miles north of…...
Just east of Morehead City, Beaufort, North Carolina is a charming and friendly small town of about 4700 by the sea. Pronounced Bow-furt, it is not to be confused with the South Carolina city of the same name, pronounced B'yoo-furt (see the Retirement Guide to Beaufort, SC). The Hatteras barrier islands sweep away to the east, and ferries will take you…...
Sebastian is one of the fastest growing areas in Florida. The town on the east (Atlantic) coast is just north of Vero Beach and is considered warm in winter. It is on the shores of Indian River Lagoon on Florida’s Treasure Coast. People in retirement make up one of the most important demographic groups in Sebastian which has an estimated…...
Fernandina Beach is an old town at top of Florida's eastern coast. Amelia Island is just below it, a 13.5 mile long barrier island on the Atlantic Ocean and the northernmost point of eastern Florida. While Amelia Island Plantation is a private community and resort, Fernandina Beach is the biggest town on the island (11,000 people with an average age…...