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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
Cumming is a northeastern suburb of Atlanta with a population of the downtown are at around 6,000, though the entire Forsyth county is pretty much considered "Cumming" with a population of nearly 200,000 and growing fast. The town was the scene of a gold rush in the early 19th century but went into decline after the California Gold Rush. Lake…...
Toms River is the county seat and largest town in Ocean County, New Jersey (also includes Dover, both are part of Toms River Township). The 2010 population was about 90,000. Residents of nearby towns like Brick, Manahawkin, and Lakewood tend to come here for shopping or doctor's appointments. It has a busy downtown thanks to many government buildings, yet it…...
Fernandina Beach is an old town at top of Florida's eastern coast. Amelia Island is just below it, a 13.5 mile long barrier island on the Atlantic Ocean and the northernmost point of eastern Florida. While Amelia Island Plantation is a private community and resort, Fernandina Beach is the biggest town on the island (11,000 people with an average age…...
Fairfield has a low crime rate, excellent public school system, suburban character, scenic location on the Long Island Sound, and proximity to New York City. Many residents in Fairfield commute to New York, New Haven, and in between. It is an affluent area with average household income over $100,000. The population is just over 57,000....
