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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
Truro, England is an old port, which then became a center for the mining industry. The city's cathedral, cobbled streets, open spaces and Georgian architecture. This charming city in Cornwall has one other interesting distinction, it has more jobs (22,000) than residents (17,000). ...
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…...
Crystal Beach is an unincorporated town near Port Bolivar on the southeast coast of Texas, in Bolivar County. The Bolivar Peninsula features 27 miles of pristine beaches, famous for fishing and camping. The Bolivar Lighthouse dates back to 1872. It is a popular destination for retirees as well as tourist destination. It is not far Galveston as the crow flies…...
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…...