A poll has found that older voters prefer candidates who will safeguard Social Security, but the two major parties are equally supported.

• The depletion of Social Security's trust funds in the next decade has led some experts to predict that the program will be up for vote in November.
• According to a recent AARP poll, older voters consider the program a top priority, but they are not strongly backing one political party over another on the issue.
• One pollster claims that Social Security is a contentious issue that is up for debate.

The November election will be heavily impacted by voters aged 50 and above.

AARP poll reveals that politicians should prioritize personal economic concerns, particularly Social Security, to win over voters in competitive congressional districts.

According to a bipartisan survey conducted earlier this month by Fabrizio Ward and Impact Research, 63% of all voters and 62% of voters ages 50 and up said they are worried about their personal financial situation when asked one question about it.

During a Thursday presentation of election results, Bob Ward, partner at Fabrizio Ward, stated that a substantial majority of voters are concerned about their personal financial situation and how economic issues will significantly impact the election.

For older voters, Social Security is a top economic concern, according to the results.

If Congress does not act, the program's trust funds may be depleted in the 2030s, resulting in across-the-board benefit cuts.

Social Security an 'up for grabs issue'

According to a poll, 80% of voters aged 50 and above consider Social Security to be either extremely or very important when deciding on their vote.

Voters across the political spectrum consider the issue a top priority.

According to Jeff Liszt, partner at Impact Research, Democrats currently have a three-point advantage on Social Security, which means the parties are essentially tied.

He remarked that Social Security is a contentious issue that can be changed.

He observed that many voters are more inclined to support a candidate who promises to safeguard Social Security.

Family caregiving was also a significant concern among voters aged 50 and above. In a survey, 80% of this group said they would be more likely to vote for a candidate who would offer support to family caregivers to help seniors live independently as they age, while 74% said they would support a candidate who would provide tax credits to help cover the costs of family caregiving.

President Biden has pledged not to reduce Social Security benefits, while Trump suggested reevaluating entitlement spending, including potential benefit cuts, in a March CNBC interview. Democrats have proposed increasing Social Security benefits through taxing the wealthy.

Recently, Social Security Works and the National Committee to Preserve Social Security and Medicare have endorsed Biden.

In its history, the National Committee had only endorsed a presidential candidate twice.

In 2020, we deviated from tradition because we were convinced that Joe Biden would prioritize the well-being of America's elderly and safeguard Social Security and Medicare, as stated by Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare.

"Four years ago, we did not trust Donald Trump to protect the programs or uphold other cherished American institutions. Now, our beliefs have been confirmed beyond any doubt."

Why there is disagreement about establishing a Social Security commissionHow Supplemental Security Income benefits may be alteredWhy more individuals do not delay claiming Social Security

In the 44 competitive districts, former President Donald Trump received 42% of the vote from 18-year-olds and older, while Biden got 37% and Robert Kennedy, Jr. earned 11% support.

Older voters are more likely to support Trump or lean toward Biden based on their age group.

Despite being evenly split in Congressional districts, Republicans have a 13-point advantage among voters aged 50 to 64, while Democrats lead by five points among those aged 65 and up, according to an AARP poll.

The outcome of the House of Representatives control this year is uncertain, despite the attention being on the presidential race, according to Ward.