President Joe Biden announced he will run for re-election in 2024 if he is in good health. If the president runs for a second term it would make him the oldest presidential candidate in U.S. history.

Biden would be 81 on Election Day 2024.

“I’m a great respecter of fate. Fate has intervened in my life many, many times. If I’m in the health I’m in now, if I’m in good health, then, in fact, I would run again,” Biden said.

If Biden were to seek a second term he would keep Vice President Kamala Harris as his running mate, according to White House principal deputy press secretary Karine Jean-Pierre.

Harris has said she does not think about the 2024 election and the pair are focused on rebuilding the economy. Harris believes Democrats must do a better job selling their agenda to voters for the 2022 midterm elections.

"I feel very strongly that our vision of the future must be one in which everyone can see themselves, where no one is left out," Harris told The Wall Street Journal. "That's about rural America, it's about suburban, urban."

Harris has also said she will push for voting rights legislation, but stopped short on making any changes to the filibuster, saying the decision is up to the Senate.

Biden says a possible rematch with Donald Trump in 2024 would “increase the prospect of running.”