One Thing Republicans and Democrats Agree on

Election Day is exactly six weeks away, and this cycle — like most — involves some polarizing issues. From gun control and abortion rights to climate change and border policy, the left and right are as divided as they’ve been in recent memory.

But regardless of which party you affiliate with, there’s one thing most Americans agree on: The U.S. is facing a retirement crisis. A Blackrock survey of 1,000 registered voters recently found that an astounding 90% of respondents across party lines say there’s a massive shortfall in what Americans need to comfortably retire. Additionally: 

• Only 22% of registered voters say they are extremely or very confident they’ll have enough money to live on throughout their retirement years
• The average expected amount of savings needed for retirement is $2.2 million
• And 75% are concerned about not being able to maintain their standard of living throughout retirement

If elections are about hope for a better future, that wasn’t reflected by respondents, either. Only 13% of registered voters say they think elected officials in Washington, D.C., are focused on helping people plan and save for a secure retirement.

Members of both parties (and independents) might agree the future of retirement is bleak. But that doesn’t mean you can’t do anything about improving your chances. It’s never too late to begin saving, maximizing your contributions, or considering alternative approaches like reverse mortgages and annuities. Being proactive about your retirement plan will leave you better prepared and more comfortable when that time comes.

The average monthly Social Security retirement payment is about $1,870, which a large share of older workers may heavily rely upon as they worry about not having enough saved.

Historically speaking, gold has stood tall as a beacon of stability during turbulent economic times. By diversifying your portfolio with a gold IRA, or individual retirement account, you can help protect your wealth from inflation. So why not secure your financial future today with a timeless investment? Click below to get started.

View our list of top-rated gold IRA providers.

The information provided in this email is for educational purposes only and is not intended as investment or financial advice.

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