The 2024 election and your retirement: How to stay financially prepared regardless of who wins

James Royal, Ph.D. | Bankrate.com (TNS)

The 2024 elections are right around the corner, and it’s been one of the most contentious campaign seasons in recent memory. For retirees, the outcome of the election has some ramifications, especially with a looming Social Security shortfall, which could lead to drastic cuts in benefits. Whoever is elected this year could help shape how the program is funded and whether benefits are cut and by how much. But Social Security is only one of several issues impacting retirement planning.