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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
Harrisburg is the capital and almost geographical center of the state of Pennsylvania. Once depressed and down, Harrisburg had a resurgence thanks to the money being spent by the state in development. Unfortunately in 2010 the effect of that spending caused severe financial problems (see What is Not Special About Harrisburg below). Its geographical setting is spectacular, located as it…...
Eugene, population 158,000, has many attractions as a place to retire. For one, it is a vibrant college town; 17,000 students attend the University of Oregon here. It has the Cascade Mountain range for unlimited hiking, skiing and outdoor opportunities. The wild and rugged Pacific coast is just an hour to the west. The city, birthplace of Nike, is famous…...
Myrtle Beach, South Carolina, long a favorite beach and golf resort, is now a popular retirement community with over 300,000 people in the Metro, including many active adults 55+. The "Grand Strand" has a community for every type of person. Myrtle Beach has become extremely attractive as a retirement community because of its low-costs, 120 golf courses, varied housing arrangements,…...
Danbury is a small city in western Connecticut of about 81,000. It was formerly called the Hat City because it was a center of hat manufacturing. There is a very large mall in town now on a former industrial site. This part of northwestern Connecticut on Candlewood Lake and near the Hudson River is very beautiful....