As a New Hampshire resident, I can’t seem to walk a block without running into a campaign sign, campaign volunteer, or an actual Presidential candidate lately. While this is an apolitical blog, I occasionally point out the intersection of politics and personal finance. No where is politics already playing a more important role with your financial future than in the area of Social Security. Regardless of who ultimately becomes President and which party controls Congress, the next election is a critical one in the determination of our respective financial (and non-monetary of course) futures.
While nearly all the candidates agree that something needs to be done to “fix” Social Security, each has different plans as to the how. Presumably, fixing it at all is also a different level of priority (though that’s quite hard to determine now).
Those of you planning on voting in the upcoming nominating events (events being a relatively transparent way of avoiding the need to look of the plural of “caucus”), may enjoy this article which summarizes the views and inclinations for how to fix Social Security by each of the leading candidates.
Save early and save often! (You can try the same thing with voting but just don’t quote me.)