Episode 55: What the Election Results Mean for Your Finances

by Financial Design Studio, Inc. / November 11, 2024

The 2024 presidential election results are in. Whichever candidate you voted for, we want to look at the next four years from a purely financial standpoint. In this episode, we talk what the election results mean for your finances, by looking at the market’s historical trends, how potential initiatives will impact the economy, and what changes we might see to financial policies.

Take a listen right here, or head over to your favorite steaming platform!

Time Stamps

4:26 Historically, how do elections impact the market?

9:30 What were we expecting to see global markets?

12:32 What did market performance look like under similar administrations?

22:56 Impact to taxes and the federal deficit

32:07 Impact to planning strategies

36:09 Impact to student loans

39:42 Impact to energy production

42:24 Impact to social security

47:13 Challenge: the budget

52:05 Challenge: Tariffs

54:05 What makes this administration unique?

1:10:49 Closing thoughts

Credits for Episode 55

Host: Michelle Smalenberger, CFP®

Guest: Rob Stoll, CFA, CFP®

Executive Producer: Anna Lewis

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Financial Design Studio, Inc.

We are financial advisors in Deer Park and Barrington, IL. A team with a passion for helping others design a path to financial success — whatever success means for you. Each of our unique insights fit together to create broad expertise, complete roadmaps, and creative solutions. We have seen the power of having a financial plan, and adjusting that plan to life. The result? Freedom from worrying about the future so you can enjoy today.