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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
Hudson is a small town on Florida's West coast, 30 miles from Clearwater, and about 50 miles above Tampa. With a population of about 13,000,(2020), it's a popular town for retirees, with a median age of 61. In the late 1950's, the Army Corps of Engineers dug 25 miles of canals as if they were streets, and many waterfront homes…...
Ashland is a very charming small town of about 7,000 people that is 15 miles north of Richmond. Ashland was originally developed as a resort for the wealthy of Richmond. It is an interesting mix - there are nice shopping plazas and a large YMCA as you come off of I 95 towards town, followed by the classic old town…...
Dunfermline is a beautiful and walkable retirement town just north of Edinburgh and on the Firth of Forth. It was the birthplace of Andrew Carnegie, who returned years later, famous and wealthy, and made the town even more special. The Carnegie Library, completely redone inside but maintaining its classic exterior, is one of the finest libraries we have ever visited.…...
Set at the bottom left base of Cape Cod, this fairly large town is a popular retirement community surrounded on 2 sides by water. Falmouth, Massachusetts (population 32,000) actually consists of a number of villages and unincorporated towns including Woods Hole, Teaticket, and East, West, and North Falmouth. Woods Hole is where one takes the Ferry to Nantucket and Martha’s…...
