With Social Security due to reach a funding shortfall in six years, more lawmakers are opening up to the idea of taxing high earners to help fund the program.
Economists say President Donald Trump's promise of a $5,000 "dividend" check could stoke inflation, further straining household finances in the long run.
Bond volatility and rising rates have some investors looking beyond traditional bonds for income, from alternative fixed income to stocks and other strategies.
With stocks near all-time highs and bonds selling off, it's likely a good time for investors to consider rebalancing to their target risk, advisors said.