How to save money on retirement planning following 2024 election

PHOENIX — With the 2024 election over, economic changes could impact how people plan for retirement as 2025 is on the horizon.

The stock market changes that come following the election could affect how people plan out their retirement plans.

“I would say it’s just more of a relief and that’s historically after an election occurs like that, historically going back you can look at previous presidential elections, there is like a bump just naturally from like a sense of relief or knowing in the market, which direction maybe some things will play out as policy and economic things kind of play out or taxation,” Matt Dages, president and founder of Bright Wealth Management, said.

“So we’re seeing that happen in the market now. But we’re seeing a lot of these trends, I would say, change when we talk about, you know, some of the stuff we’re doing in our office, it’s staying the same.”

One company can help you on retirement planning and help save you money in the aftermath of the election and with factors like technology, AI and cryptocurrency effecting the economy.

Who to turn to for retirement planning?

Bright Wealth Management will help you on retirement planning and help you save money.

Bright Wealth will help you save you the most money on your plan and help prepare for economic planning such as policy changes, technology, stock market changes, etc. They will also help you save money on taxes with the Bright Wealth tax calculator, which is a free tool that shows what you’re going to pay in future taxes and how much you can save.

“We start with safety and of course no fees, growth based on the two best indexes in the market, which are uncapped, by the way. And we have the best rates because rates are going up and you’re allowed to take out up to 10 % a year of the money after each year, the first year with no penalty,” Dages said. 

“Again, over the age of 59 and a half, you lock in your gains, no probate to your beneficiaries. Oh, and wait until I show you the performance of these two indexes in my office. You are going to be absolutely stunned.” 

Receive a complimentary written retirement plan or call 833-777-4296 for more information.

The Bright Wealth Management Show with Matt Dages airs Saturdays from 1 p.m. to 2 p.m. and Sundays from 3 p.m. to 4 p.m. on 92.3 FM.