Presidential Election

The Big Lesson From 2016 for Your Retirement Planning

Here's what you should take away from the year that included Brexit and Trump's election.

When it comes to takeaways that can improve your retirement planning and investing, I think there’s one big lesson we should all draw from 2016.

The stock market has already picked the next U.S. president

Keep an eye on the stock market from August 1 through October 31.  If stocks go up during that three month stretch, expect Clinton to win.  If stocks slide, Trump will likely prevail.  

The stock market has regularly predicted who will win the presidency in an election year. Now, the report for this year is out, and unless something major happens, here's who's going to take the White House on Nov. 8th. 

What the Clinton and Trump Tax Plans Would Mean For You

Republican presidential candidate Donald Trump and his Democratic opponent Hilary Clinton—offer Americans a stark choice in 2016, especially when it comes to taxes.

The non-partisan Tax Policy Center in Washington has taken an in-depth look of both proposals. Money Magazine has broken out the numbers for both plans and put them side by side to show just how each candidate’s proposals would affect Americans at a range of income levels.

Click below to find out how each candidate's new tax rates and rules would actually affect you. 

Here’s How Each Presidential Candidate Will Impact Your Tax Bill

Now that most of the 2016 presidential candidates have released their proposed tax policies you may be wondering just exactly how your bank account would fare with Ted Cruz or Bernie Sanders in the White House. Two tax calculators in particular do a nice job of showing how everyday Americans will be impacted by each candidate’s proposals.

All you need to do is plug your income, marital status, and whether or not you have children into this simple calculator, and it will show you how much more or less you would pay in taxes if Donald Trump, Ted Cruz, Hillary Clinton, or Bernie Sanders were elected.

Click below to see how your paycheck will fare with each presidential candidate.