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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
The friendly, historic city of Hot Springs makes an excellent retirement community. Hot Springs Reservation was the first country’s Federal Reserve (1832) and became a National Park in 1921 (the nation's smallest by area). Its downtown Historic District protects the thermal waters and the historic and opulent buildings on Bathhouse Row. Fordyce Bath House is the centerpiece and museum headquarters.…...
Charlevoix, Michigan, referred to here as “Charlevoix the Beautiful”, is an old seasonal town in northwest Michigan. A popular '''retirement community''' for active adults, Charlevoix is located on an isthmus between Lake Michigan and Round Lake, adjacent to the shores of Lake Charlevoix. Photo of canal courtesy of Wikipedia, photo of Chicago Club courtesy of Wikipedia and Bobak Because of…...
Richmond is the capital of Virginia with a population over 200,000. It has a diverse economy, many wonderful institutions and a vibrant downtown. The city has a long history, including its stint as the capital of the Confedaracy during America's Civil War. The James River is the anchor of the City. The University of Richmond is one of the most…...
Lafayette, the 4th largest city in Louisiana, will appeal to many baby boomers who relish the idea of cajun culture. It has a warm climate in winter, a high per capita ratio of restaurants, a major university (University of Louisiana at Lafayette), Creole and Cajun culture, and a wide variety of outdoor activities. Lafayette is referred to as the “Cajun…...