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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
Buenos Aires, or BA, is the capital of Argentina, and in many ways, the capital of South America. When the Argentinean economy collapsed in 2001, foreigners saw an opportunity (although always risky in Argentina) for investment. With gorgeous architecture, world class shopping and a well designed city with strong transportation in place, many ex-pats bought into the city at extremely…...
Fairhope, Alabama is one of the most unusual (and nicest) retirement communities anywhere. It was founded by 28 settlers from Iowa in November, 1894 as a utopian single tax colony by the "Fairhope Industrial Association". Their purpose in founding a new colony was to establish and conduct a cooperative model community, free from all forms of private monopoly. The Fairhope…...
The old town of Summerville, South Carolina makes for an interesting retirement community. This charming community of 50,915 (2020 census), has become a city and suburb of Charleston. It is near the coast and the attractions of that tourist destination. The fast growing region is also home to many planned developments designed for the many active adults 55+ who are…...
Elk Grove is an affluent town and suburb of about 1766,000 residents (2020). The town is about 15 miles south of Sacramento, and played a part in the early gold rush in this area. After that, it became a close-knit community evolved with a distinctly rural and western lifestyle, and now it is a also a wealthy suburb. There is…...