Politics Joe Biden Refuses to Rule Out Presidential Bid in 2020 – When He'll Be 77 "I'm not committing to anything. I learned a long time ago fate has a strange way of intervening" By Stephanie Petit Stephanie Petit Stephanie Petit is a Royals Editor, Writer and Reporter at PEOPLE. People Editorial Guidelines Updated on December 6, 2016 09:41 AM Share Tweet Pin Email Photo: Alex Wong/Getty Images Kanye West may already have some competition in his proposed run for the White House. Vice President Joe Biden caused a stir on Monday when he told reporters after a Senate session in the Capitol, “I’m going to run in 2020.” Reporters asked what position Biden was talking about, and the 74-year-old responded, “For president. So uh, what the hell, man.” When pressed further, Biden clarified, “I’m not committing not to run. I’m not committing to anything. I learned a long time ago fate has a strange way of intervening.” If elected, Biden would be the oldest president ever. He will be 77 on Election Day in 2020 and 78 by Inauguration Day. The oldest president ever to take office will be Donald Trump, who is 70. Ronald Reagan was just shy of his 70th birthday when he was sworn in in 1981 and 77 when his second term ended in 1989. Biden ran for president in 1988 and in 2008, but dropped out early in both races. He announced in October 2015 that he would not be seeking the Democratic nomination for the 2016 election following the death of his son Beau – later endorsing Hillary Clinton. However, the former Delaware senator later expressed regret over the decision, telling NBC Connecticut of opting out of the election: “I regret it every day.” “But it was the right decision for my family and me,” he contended.