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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
Sun City Center (officially Great Sun Center) is an incorporated, age-restricted community about 20 miles south of Tampa and near Ruskin. It is home to an active adult community of the same name, in addition to another called Kings Point. Sun City Center has its own government and about 31,000 residents (2020). Most of the homes single family dwellings, but…...
Gainesville is the home of the University of Florida, one of the 10 largest universities in the U.S. (enrollment 52,000). The town has many attractions for active adults; in fact it was named as one of the “Top Ten Value Towns” of 2007 for active adults 55+. It has a reputation for being medium sized (population 104,000) inexpensive, a lively…...
Rio Verde in Arizona is neither a town or a city, but rather a master planned community and a census-designated place in Maricopa County. The population was 1,811 at the 2010 census. Rio Verde is an established, member-owned and governed active adult golfing community northeast of Scottsdale. Its location near the Verde River and adjacent to the Tonto National Forest,…...
Cape Coral is one the nicer communities for retirement in south Florida. This relaxed town is just north of Ft. Myers and west of North Ft.Myers, along the Caloosahatchee River and the Gulf of Mexico. Cape Coral is a very new town; it was formed in 1958. The population which has been growing for the past several years is close…...