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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
Wellington is a small unincorporated community in Prince Edward County, Ontario, Canada, with a population of about 2,000 residents. Named after the Duke of Wellington, the waterfront town sits on the shores of Lake Ontario and West Lake, and boasts parks and beaches along with a boardwalk and lighthouse. Tourist are drawn to Wellington for its wineries, fishing, kayaking and…...
Greenwood is a small town of about 22,000 in northwest South Carolina. There is a very large lake and 2 small colleges in the area, including Lander University. The town hosts several important festivals during the year. Picture of Greenwood County Courthouse courtesy of Wikipedia and change-of-venue, Licensed under CC BY-SA 3.0/ ....
Located in the middle of Michigan's Lower Peninsula, Midland is the county seat of Midland County, with a population of about 42,000. It has a lot to offer as a retirement town, and has been named as a Best Small City to Raise a Family by Forbes. Midland is Home to the Dow Chemical Company, which was founded here in…...
Chattanooga is a low-cost, interesting retirement city of about 182,000 (2020) people in southern Tennessee.This was the site of the famous critical civil war Battle of Chattanooga due to its strategic location on the Tennessee River. Called the "Scenic City", it is home to the University of Tennessee at Chattanooga. The city has had its ups and downs economically. Its…...