Americans 55+ Optimistic About Income, but Chart a Cautious Course for 2025 Spending

As we enter the first full week of 2025, it’s time to focus on what lies ahead in the coming year. The new year promises to be shaped by lingering uncertainties following one of the most closely contested U.S. elections, which paved the way for Donald Trump’s return to the White House. The prospect of change that is likely to come under the new administration is already impacting consumer spending.