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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
Phoenixville is an old town of about 16,000 near Valley Forge. It was once famous for manufacturing, including steel. Photo of restored Phoenix Iron Works courtesy of Wikipedia and J Clear; photo of Bridge Street courtesy of Wikipedia and Dough4872, photo of Church and Main Sts. courtesy of Wikipedia and Pdakeyboardplaya, Licensed under CC BY-SA 3.0/...
Hudson is an extremely affluent town and suburb of Akron in northeastern Ohio. it is one of the nicer towns in this part of Ohio. Neghboring towns include Aurora and Cuyahoga Falls.The population is 22,000. Its original downtown is well preserved and busy today. The Little Tikes company used to be located here. The city was founded by David Hudson…...
Medford is the regional center in south central Oregon. It sits in the Rogue Valley, which tends to be drier and hotter than other regions of Oregon. Nearby are other towns that also attract active adults in retirement, such as Klamath Falls and Grants Pass. The city has had an excellent development plan to attract new residents. Downtown Medford is…...
Fishers is a fast growing town of 76,000 that is about 13 miles from Indianapolis. The town is both quite affluent (HH income of $76,000) and young (average age 33). It has an impressive number of parks, highly rated schools, and a roster of big name employers such as Sallie Mae and Roche. Our impression on a recent visit was…...