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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
When baby boomers share notes about potential retirement towns, chances are that Asheville will be the place most frequently mentioned. Asheville is a prosperous small city with a population 94,589 (2020 Census), (260,000 in Buncombe County) in the Blue Ridge mountains of western North Carolina. Because of its charming environment and mild weather it has long been a desirable retirement…...
Boulder, Colorado, represents an ideal combination type community for many people in retirement. It is a college town with 32,000 students in the University of Colorado providing a vital presence. It has the Rocky Mountains for recreation. Its strong high-tech industry provides a good economic base. There are many cultural things to do. The area has a relatively mild climate…...
Concord is a town of about 42,000 in southern New Hamshire, conveniently near the juncture of I 93 and I 89. It is home to the elite prep school of St. Pauls, which graduates a very high percentage of future leaders. Franklin Pearce Law School is based here as well as a community college. Concord is the capital of New…...
Lexington has become a popular retirement community for the many baby boomers attracted to North Carolina and its smaller towns. Lexington is the County Seat of Davidson County; nearby towns include Thomasville and High Point. It has a nicely restored downtown. About 20,000 people live in Lexington and 150,000 in Davidson County. Lexington is located in North Carolina's Piedmont region…...
