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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
The friendly, historic city of Hot Springs makes an excellent retirement community. Hot Springs Reservation was the first country’s Federal Reserve (1832) and became a National Park in 1921 (the nation's smallest by area). Its downtown Historic District protects the thermal waters and the historic and opulent buildings on Bathhouse Row. Fordyce Bath House is the centerpiece and museum headquarters.…...
Boulder City was built by the government in 1931 to house workers for the Hoover Dam. The population in 2011 was 15,000. It is located about 30 miles from Las Vegas. Today the town appeals to a mix of residents including a thriving senior community. Great small town atmosphere, the city has a strict growth policy. There are lots of…...
Pine Mountain and nearby Pine Mountain Valley are very small towns of just over 1,000 people on Georgia's western boundary, about half-way down the state. Nearby towns in this area are Hamilton (small but cute). This has always been a very peaceful region that attracts tourists. Nearby Warm Springs is where Franklin D. Roosevelt sought rest and rehabilitation throughout his…...
Carrabelle is a small town in the Gulf Coast (often called the "Forgotten Coast") of the Florida panhandle. The population is about 1300. Active adults 55+ are moving to this area southwest of Tallahassee because of its mild climate, outstanding recreation opportunities, and slower pace than in much of Florida. This area is quite beautiful and unspoiled. Carrabelle has a…...