home about categories posts news
discussions archive recommendations faq contacts

How Trump's Presidency May Benefit Retirees Financially

December 8, 2024 - 06:16

How Trump's Presidency May Benefit Retirees Financially

Most Americans are concerned about their finances in retirement. A recent survey found that 26% of Americans believe they will need to depend on Social Security entirely during their retirement years. Given this apprehension, financial experts are weighing in on how political leadership can impact retirees' financial stability.

One prominent figure, Grant Cardone, has highlighted two key reasons why he believes Trump's presidency could positively influence retirees' finances. Firstly, he argues that Trump's policies may lead to a stronger economy, which can enhance investment opportunities and increase the value of retirement accounts. A thriving economy often results in higher stock market performance, benefiting those with investments in retirement funds.

Secondly, Cardone points to potential tax reforms that could favor retirees. By reducing taxes on capital gains or increasing deductions for retirement savings, the financial burden on retirees could be alleviated, allowing them to keep more of their hard-earned money. As the financial landscape evolves, retirees must stay informed about how political decisions can impact their financial future.


MORE NEWS

US Stocks Tumble as Tariff Announcement Shakes Markets

April 4, 2025 - 05:04

US Stocks Tumble as Tariff Announcement Shakes Markets

US stocks plunged dramatically following President Trump`s unexpected announcement of a baseline 10% tariff on all trading partners. This bold move sent shockwaves through financial markets and...

nCino Reports Full Year 2025 Earnings, EPS Falls Short of Projections

April 3, 2025 - 12:26

nCino Reports Full Year 2025 Earnings, EPS Falls Short of Projections

nCino has released its financial results for the fiscal year 2025, revealing a revenue of $540.7 million, reflecting a 14% increase compared to the previous fiscal year. Despite this growth in...

Trump's Tariff Announcement Raises Concerns for Financial Markets

April 3, 2025 - 04:19

Trump's Tariff Announcement Raises Concerns for Financial Markets

In a surprising move, US President Donald Trump declared a `baseline` 10% tariff on imports, alongside country-specific reciprocal tariffs, during a midnight announcement. This decision, referred...

Subscribe to The Morning Brief: Your Essential Financial Update

April 2, 2025 - 21:07

Subscribe to The Morning Brief: Your Essential Financial Update

Stay informed with The Morning Brief, a premier newsletter designed to deliver crucial financial insights directly to your inbox. Each edition offers a concise overview of the latest market trends,...

read all news
home categories posts about news

Copyright © 2025 Earnge.com

Founded by: Harlan Wallace

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy