Experts: So You Made Financial Moves Thinking Harris Would Win — Now What?

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GOBankingRates asked the experts, So, you made financial moves thinking Harris would win.Now what?

We just dont know for sure how the policies of the incoming administration will be enacted.

To plan accordingly, boomers should reconsider taking advantage of tax-deferred retirement accounts while tax rates are higher.

With a different political outcome, investors may need to reconsider their sector allocation.

Future earnings are worth less when the discount factor, interest rates, rise.

For example, President-elect Trump suggested reversing his cap on state and local tax deductions.

There are potentially very pro-growth scenarios where the tax changes improve our economic growth potential, Winegarden said.

Nevertheless, staying informed could help you navigate the financial uncertainty that comes duringpolitical and economic policy changes.

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