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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
McCormick is a very tiny town in western South Carolina near the Georgia border. Its population is about 1500. McCormick is a very low cost place to retire. Its other attraction is the presence of Lake Thurmond, one of the county's largest man-made lakes. Photo of Downtown McCormick courtesy of Wikipedia and Evanoco, and photo of th Classical Revival Courthouse…...
Selbyville is a small town of about 2,300 people in southern Delaware, about 25 miles from Rehoboth Beach. Photo of...
Baby boomers will find a retirement lifestyle in La Jolla, California (population 46,000), that is tops for scenery, climate, and proximity to the rest of the world. La Jolla features magnificent estate homes set atop hills and small mountains, nestled by the ocean in an upscale community. The Village (of La Jolla) is its charming downtown area. La Jolla is…...
Port Jefferson is a small town of almost 8,000 on the north shore of Long Island. Port Jefferson is the site of the busy ferry between Bridgeport Connecticut and Long Island. It is a growing tourist town with many interesting shops and restaurants. It is very popular with boaters because of its great harbors and sheltered sailing. Long Island's North…...
