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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
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…...
Madison CT is a charming small town on Connecticut’s Long Island Sound. Its real estate values are the highest in Connecticut east (towards Boston) of New Haven, reflecting its desirability as a place to live. As a place to retire there is much to find in this town of just under 19,000. It has a compact downtown with cute stores…...
Port St. Lucie, located on the East Coast of Florida, is one of the fastest growing communities in the U.S. according to the 2005 Census Bureau. In 1961 it had 250 homes, in 1980 there were 15,000, and in 2020 the population was 204,851. Port St. Lucie Beach is located in St. Lucie County. Port Saint Lucie started as a…...
Thomasville, Georgia, the City of Roses, can be an interesting retirement community in cotton plantation country. The surrounding countryside can be quite beautiful, although one cannot say that about all areas of town. It does offer a reasonable cost of living. The active brick-paved downtown has been restored with live oaks draped in Spanish moss, magnolias, antebellum homes, and fragrant…...
