Kavanaugh's finances

[Anonymous]

Didn’t Sotomayor have only like 30k in savings and a few real estate related assets when she filed?

[Anonymous]

To generate $220k annually you need to save $5.5 million.

You either save that anount or get a pension that generates that amount. Same thing

[Anonymous]

His salary will be close to 250k as a Justice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I can't believe the ninnys on this thread. This guy is wealthy and doing better than fine. I say this as a liberal who wishes my Financials were anything near as good. You guys apparently have no idea of the present value of his pension. Also, who cares what his savings rate was? This whole thread is unbelievable.

LMAO

Being a multimillionaire is wealthy. Sorry you can't grasp that.

How are you getting that he’s a multimillionaire? As I read it, he has 500k in retirement and another 300-400k in home equity.

I have the same thing and I’m 20 plus years younger than he is!

Did you have student loans?

[Anonymous]

Anonymous wrote:Didn’t Sotomayor have only like 30k in savings and a few real estate related assets when she filed?

Yup, but she grew up poor and had student loans. A little more expected than with Kavanaugh who is the kid of judges/high level govt officials.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Being a Supreme Court Justice with a lifetime pension is not something he has been planning on his whole working life. So moving forward he does not have to worry, he got lucky, otherwise their savings did not really appear to be on track. Hopefully he carries significant life insurance.

He became a district judge in 2006, at age 41. He's been planning at least that long. Same pension benefit. Same lifetime appointment.

Next.

FALSE. He became a Circuit Court Judge. So your statement is FALSE.

Huh? What’s the difference?

You don’t know the difference between federal district courts and appellate courts?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Didn’t Sotomayor have only like 30k in savings and a few real estate related assets when she filed?

Yup, but she grew up poor and had student loans. A little more expected than with Kavanaugh who is the kid of judges/high level govt officials.

Do judges and high level govt make a lot of money? Not by dcum standards, it seems.

[Anonymous]

Anonymous wrote:If the tsp loan has been there since 2006, it was likely in connection with his home purchase. They can be paid over 1-15 years.

We don’t know how he would have done in private practice had he stayed and we don’t know that his wife was all that marketable even though she worked for President Bush. He is no martyr for th public good.

I am not a fan of the judge, and absolutely detest our current President, but this character attack is ridiculous.

Pretty certain that a double Yale graduate could have drawn good money at a firm. And his wife surely could have found her way into something lucrative. Stop casting stones.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Being a Supreme Court Justice with a lifetime pension is not something he has been planning on his whole working life. So moving forward he does not have to worry, he got lucky, otherwise their savings did not really appear to be on track. Hopefully he carries significant life insurance.

He became a district judge in 2006, at age 41. He's been planning at least that long. Same pension benefit. Same lifetime appointment.

Next.

FALSE. He became a Circuit Court Judge. So your statement is FALSE.

Huh? What’s the difference?

You don’t know the difference between federal district courts and appellate courts?

I do. But I don’t know the differences in re pay and pension. Since such difference, if any, is material to the FALSE poster’s point being a sound one (no differences or circuit court judges being paid more would actually make said post fully idiotic) I want to know what they are.

[Anonymous]

What I think bothers some people here is that it doesn’t fit their narrative that a couple whom see themselves in aren’t as rich as they ‘should be.’ Surely this man could have obtained more than your combined 350k pay or whatever, or your husband’s pay at a second tier law firm. The Judge chose to have intellectually challengeing jobs that will place him in the history books. By contrast, you will toil away in obscurity, worrying about things like OBX decals and what they mean.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Being a Supreme Court Justice with a lifetime pension is not something he has been planning on his whole working life. So moving forward he does not have to worry, he got lucky, otherwise their savings did not really appear to be on track. Hopefully he carries significant life insurance.

He became a district judge in 2006, at age 41. He's been planning at least that long. Same pension benefit. Same lifetime appointment.

Next.

FALSE. He became a Circuit Court Judge. So your statement is FALSE.

Huh? What’s the difference?

You don’t know the difference between federal district courts and appellate courts?

I do. But I don’t know the differences in re pay and pension. Since such difference, if any, is material to the FALSE poster’s point being a sound one (no differences or circuit court judges being paid more would actually make said post fully idiotic) I want to know what they are.

The false part was that it was alleged he was a district court judge.

[Anonymous]

Anonymous wrote:What I think bothers some people here is that it doesn’t fit their narrative that a couple whom see themselves in aren’t as rich as they ‘should be.’ Surely this man could have obtained more than your combined 350k pay or whatever, or your husband’s pay at a second tier law firm. The Judge chose to have intellectually challengeing jobs that will place him in the history books. By contrast, you will toil away in obscurity, worrying about things like OBX decals and what they mean.

I don’t think anyone is critizing his career choice. The issues are his stupid financial decisions to live beyond his means and the question of who paid off the debt he was carrying for years. We expect more from a Supreme Court nominee.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What I think bothers some people here is that it doesn’t fit their narrative that a couple whom see themselves in aren’t as rich as they ‘should be.’ Surely this man could have obtained more than your combined 350k pay or whatever, or your husband’s pay at a second tier law firm. The Judge chose to have intellectually challengeing jobs that will place him in the history books. By contrast, you will toil away in obscurity, worrying about things like OBX decals and what they mean.

I don’t think anyone is critizing his career choice. The issues are his stupid financial decisions to live beyond his means and the question of who paid off the debt he was carrying for years. We expect more from a Supreme Court nominee.

NP. He hasn't made stupid financial decisions. Just because you have more saved than he does not make him stupid. In the long run he will have more money than you, plus he will be part of history. I know that makes you angry, but it's true.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It has been reported that the debt was for home renovations. So I don’t get the baseball ticket hysteria. Either he bought for a large group and will get paid back or it was a small part of the overall debt.

If my spouse had a federal judgeship, I’d save a lot less for retirement. Basically it is 200k+ for life, perhaps with spousal benefits in the case of death. And he has power and influence.

The WH said he went into debt buying baseball tickets. Is repeating what the WH claims "hysteria"?

Since the WH lies about everything, that must not the actual story. Repeating it is hysterical.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What I think bothers some people here is that it doesn’t fit their narrative that a couple whom see themselves in aren’t as rich as they ‘should be.’ Surely this man could have obtained more than your combined 350k pay or whatever, or your husband’s pay at a second tier law firm. The Judge chose to have intellectually challengeing jobs that will place him in the history books. By contrast, you will toil away in obscurity, worrying about things like OBX decals and what they mean.

I don’t think anyone is critizing his career choice. The issues are his stupid financial decisions to live beyond his means and the question of who paid off the debt he was carrying for years. We expect more from a Supreme Court nominee.

NP. He hasn't made stupid financial decisions. Just because you have more saved than he does not make him stupid. In the long run he will have more money than you, plus he will be part of history. I know that makes you angry, but it's true.

His kids will have student loan debt, because he chose to buy baseball tickets and renovate the house instead of save for them.