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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
Charlottesville, Virginia, the home of Thomas Jefferson (Monticello), has been ranked as the #1 city (Cities Ranked and Rated) as well as one of the best 100 places to retire. It is also home to the stately and picturesque University of Virginia, founded by President Jefferson. This college town offers a tree-lined dignity and charm that, combined with its location…...
Duluth is a city on Lake Superior of about 84,000 people. The people who retire here enjoy boating and plenty of outside activities in all seasons. There are several colleges in town including the University of Minnesota -Duluth. photo of Canal Park with approaching ship and lift bridge in background, courtesy of Wikipedia and Nick Zlonis (public domain); photo of…...
Myrtle Beach, South Carolina, long a favorite beach and golf resort, is now a popular retirement community with over 300,000 people in the Metro, including many active adults 55+. The "Grand Strand" has a community for every type of person. Myrtle Beach has become extremely attractive as a retirement community because of its low-costs, 120 golf courses, varied housing arrangements,…...
Port Charlotte is a suburban community to the northeast of busy Fort Myers, Florida. Located in southern Florida, Port Charlotte attracts many retirees who come for its warm winters - the average age is quite high at 49. Port Charlotte is an unincorporated town governed by Charlotte County. When you think of a retirement community on Florida's west coast Port…...