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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
East Brunswick is a suburban town of about 46,000 in northern New Jersey that straddles the NJ Turnpike and sits on the south shore of the Raritan River. It is considered a suburb of New York City, about 30 miles away, and Philadelphia is just 60 miles south of East Brunswick. Photo of Lawrence Brook (Westons Mill Pond section) courtesy…...
Lucca, Italy is a charming little town in Tuscany that has become a popular retirement spot for the British, French, and Germans in recent years. Although the city as a whole contains about 84,000 inhabitants, the old walled city, by far the most interesting part of town, has a population of only 7,500. Lucca's location in Tuscany about 50 miles…...
Settled in 1894 by Nathan Boynton, Boynton Beach originated as a healthful resort in southeast Florida. A popular retirement community, the city includes sections that are on the barrier island and the connecting mainland to the east. This growing retirement community manages to retain some of the old Florida charm as a community with many retirees plus a diverse community…...
The small and peaceful town of Killingworth (7,000 people) is located just inland from Madison and Clinton in Connecticut. It is a bucolic town with many horse farms and weekend homes for people from New York City. Chatfield Hollow State Park is located here and offers hiking, fishing and picnicking, along with attractions of Indian caves and a covered bridge. A…...