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Social Security Could Be Cut 22% in 2032. Should You Take the Money and Run at 62?

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

Alamo is a rapidly growing town of about 17,000 on the southernmost tip of Texas, just west of Brownsville. It has nothing to do with and is far away from the Alamo mission in San Antonio.   About 3/4 of the population is Hispanic, but many retirees live near here, attracted by the climate and proximity to the Gulf. The…...
 
The number one reason why Crossville, Tennessee is desirable as a retirement community is because it is a relative bargain - active adults who move here from a major city or anywhere near the east coast will find that they can retire in far greater style for a lot less money. The area has been on the upswing since FDR’s…...
 
 
Wellington is the capital city of New Zealand, in fact it is the southernmost capital in the world. The population is just under a half million. The Lonely Planet called it the "Coolest City in the World".  It is located on the Cook Strait, a famous wind tunnel between the country's North and South Islands. The weather is temperate year…...
 
Biloxi, Mississippi, is on the Gulf of Mexico and the Mississippi Sound. This old town has miles and miles (26) of white sandy beaches and at least 9 major casinos, including the Hard Rock, Jimmy Buffet's Margaritaville, and Beau Rivage. The city has many attractions (see What is Special in next section) besides these as well.  Biloxi has a small…...
 
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