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Most Americans are concerned about their finances inretirement.

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Here are two reasons why Cardone believes Trumps presidency willimprove retirees finances.

Ive already paid taxes on my income why am I being taxed on my Social Security?

The money shouldnt be taxed, and thats good for the elderly.

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[Trump] is going to do what he can to reduce taxes on Social Security to zero.

Cardone believes that Trump will take steps to make this equity easier for retirees to access.

[This] is a tremendous resource that we could provide the elderly with.

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[They have] built equity in their homes for the last 20, 25, 30 years.

I think hes considering that with the help of the housing department.

; (2) How much savings do you feel a couple needs to retire rich?

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; (3) How confident are you about retirement?

; (4) How much money will you be able to pass down to your children/family?

; (5) How would you rate your level of financial stress?

; (6) Have you considered withdrawing from your retirement funds early due to financial struggles?

; (7) How much money do you have in emergency savings?

; (10) What causes you the most financial stress?

; (11) If you shop at Five Below, what are your must buys?

; and (14) Did you start shopping at any of these stores to save money in 2024?

(Select all that apply).

GOBankingRates used PureSpectrums survey platform to conduct the poll.

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