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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
Grayson is an affluent town of about 1,500 people in the Atlanta area. With an average age of 42, it serves as a bedroom community for the greater Atlanta area. The median household income is in the upper $90's....
Dover is the capital of Delaware and the county seat of Kent County, and was named by William Penn after Dover in Kent, England. The population was 39,403 (in 2020), and is the second most populated city in the state, with Wilmington the largest (population of 70,898.) The city is still a fast growing area due to its low cost…...
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…...
Colchester is an interesting small town in central Connecticut of about 15,000. The population is growing and average income and home values are higher than the CT average - indicating that the town is doing well. Its location is east and a bit south of Hartford. Consumer Reports has its headquarters here. Other residents tend to commute to Hartford, Middletown,…...