GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

senior businesswoman

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.

Lucinda has been thinking about her retirement funds well ahead of the 2024 presidential election.

facebook sharing button

She fears Trumps tariffs will not be enough to incentivize a revolution in U.S. manufacturing orboost the economy.

CDs seemed like the safest option, she said.

And then two days later its worse.

twitter sharing button

Shes happy tokeep her money where its safestuntil its time to begin withdrawing it next year.

The new money that comes in is paying out the old, thats how a Ponzi scheme works.

More From GOBankingRates

Share This Article:

The Latest inMoney

linkedin sharing button

email sharing button