Author: Sean Williams, The Motley Fool

Seeking out specific types of investments could have your portfolio thriving when the next recession strikes.

Ready or not, election season is beginning to ramp up, more than a full year ahead of the presidential election on Nov. 3, 2020. And the future of a lot of programs and government spending is clearly on the line.

In short, beneficiaries will be receiving a “raise” next year, but that’s not necessarily reason to cheer.

Social Security’s nearly 64 million beneficiaries won’t want to miss this announcement.

A maximized monthly payout doesn’t always equate to an optimized lifetime benefit.