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Bipartisan Concerns Unite Americans On Retirement Security

Oct 23, 2024

animal shadows on the flag. Democrats vs republicans are in ideological duel on the american flag. In American politics US parties are represented by either the democrat donkey or republican elephant

The upcoming election is only days away, and the two presidential candidates remain in a statistical dead heat. Control of the U.S. Congress seems likely to be narrow as well, with either party having a chance to win control. Clearly, the electorate is deeply divided, and it is increasingly rare to find issues that transcend party lines. According to Gallup, polarization between Republicans and Democrats on social and policy matters has surged significantly in the past two decades.

But amidst this political division, Americans are notably united in concerns about their economic security in retirement. In fact, a recent nationwide survey of Americans reveals that despite the widening gap in political ideology, Democrats, Republicans, and Independents share common worries about their future financial security, while also largely agreeing on potential solutions. Across party lines, Americans are deeply concerned about their ability to retire comfortably, and they feel that policymakers must act swiftly to address the looming crisis.

Read the Forbes column by Dan Doonan, executive director of the National Institute on Retirement Security.

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