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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
Henderson, second largest city in Nevada, is also one of America's fastest-growing communities. In fact the population increased over 80% from 2000 to 2020 (317,610). There are several reasons why Henderson is an appealing retirement community. For one, the colorful desert landscapes and the snowcapped peaks of nearby mountain ranges provide a dramatic backdrop for this city near Lake Mead.…...
Santa Fe, New Mexico, is one of the top cultural destinations in the world. Santa Fe's population of 88,000 (2021) has grown by 42% since 2000 with people aged 65+ accounting for almost a quarter of the population. Located at 7000 feet in the foothills of the Rocky Mountains, Santa Fe offers a unique climate for active adults 55 plus…...
Bluffton is a small town with a population of about 13,000 (but 37,000 in the area), on the coast of South Carolina just off of Hilton Head Island and near the Georgia border. Home to many retirement communities (see link at top right), the town is located on a bluff overlooking the May River in an area long known for…...
Ithaca is a town of 30,000 located on the shores of Cayuga Lake, one of New York’s finger lakes. Home of the Ivy League's Cornell University, Ithaca makes an ideal retirement community for active adults 55 plus who would like to live in bustling college town. During the school year the population doubles as Cornell and Ithaca College’s student body…...
