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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
Orono, a college town, is the home of the University of Maine in Penobscot County, Maine. The population is just over 9,000 but swells by additional thousands when college is in session. This college town is partially surrounded by two rivers, the Penobscot and the Stillwater. Orono is on Rt I95 in central Maine, just north of Bangor. Picture of…...
The retirement community of Daytona Beach is also a tourist destination and community of 64,000 located in the northern portion of Florida’s east coast. It attracts more than 8,000,000 visitors a year. Blessed with many nicknames, it is known as “The Birthplace of Speed”, thanks to its hard beaches where early automobile speed demons raced and broke records. The speed…...
Crystal Lake is an affluent suburb west of Chicago near the lake of the same name. Crystal Lake was so named because of its cyrstal clear waters. The population was 40,493 in 2014. The Crystal Lakes Park District operates several beautiful parks in the city. The historic downtown district has been revitalized and showcases several examples of the collectible terra…...
Winston-Salem, North Carolina is an intriguing name for a city. It was named to a list of the “Top 10 Value Towns for Retirees in 2007”. Two of the world’s top-selling cigarettes are eponymous with this popular retirement community. RJ Reynolds started his tobacco business here in 1874. Salem was founded first - it was settled to be a Moravian…...