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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
Barrington is a very wealthy village and suburb west of Chicago and near Elgin. The village, population just over 10,000, is noted for its Victorian, Victorian Gothic, Queen Anne, and other popular late-nineteenth century architecture. It is a pretty town. Notable buildings include the Octagon House and the historic Catlow Theater. Photo of Gazebo at corner of Main Street and…...
Winchester is a small town in southern New Hampshire of less than 2,000 people. Keene and Brattleboro are the nearest towns. Outdoor activities like hiking, snow shoeing, and good skiing are all relatively close.There is at least one active adult community in the area. Photo of Congregational Church in 1910 courtesy of Wikipedia and Hugh Manatee; photo of Conant Library…...
Founded by Henry Flagler to provide a luxury destination for his railroad, Palm Beach proper is one of the wealthiest and prettiest communities in the world. It lies on the Atlantic Ocean just above Miami and straddles the Intercoastal Waterway. Fancy shops and elegant estates abound in the beautiful downtown. Enormous estates go along the ocean and the Intracoastal. If…...
Old Saybrook, Connecticut is a potential retirement community that combines New England history, a vital downtown, pristine beaches, and a friendly, small town feel. Located where the Connecticut River empties into the Long Island Sound, this charming old town of just over 10,000 (founded in 1635 ) was one of the original 3 colonies in Connecticut. Strategically important, it has…...