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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
Downers Grove is a Chicago suburb with a population of about 50,000. It has a vital downtown with many shops and restaurants which attract tourists from the Chicago area. It hosts numerous festivals throughout the year. The Orange Lyman Home is purported to have been a stop on the Underground Railway. Picture of Tivoli Theater 2009 courtesy of Wikipedia and…...
Roseburg is a small town in southwestern Oregon with a population of almost 23,000. The average age is higher than average, about 42. Median HH income is $41,000. Roseburg is an old mill town where the mill has closed down. Some people like the town, whereas others complain on forums about drug use and unemployment. It has a reputation as…...
Probably everyone has a vision of Cape Cod, even if you haven't been there. Picture a wealthy and postcard-perfect Cape Cod, and you have Chatham, Massachusetts. For many active adults, it could be the perfect retirement community. Set at the Cape’s outer elbow, the town’s is surrounded on 3 sides by ocean. The Chatham Bar is an extremely long sand…...
Farmville is a small town of about 7,000 people in south-central Virginia. It is home to Longwood College, a college offering master degrees with an enrollment of 3,500. Hampden-Sydney College, 5 miles out of town, is the 10th oldest college in America, an all-male private school founded in 1776. Crime is extremely low in Farmville. The historic downtown has just…...