He has investments - they don’t show up on the financial disclosure forms because certain types of investments don’t have to be listed. He has multiple pensions and no debt so has a positive high enough net worth. Managing money well means having enough coming in to cover expenses and having enough extra for emergencies. Wall more than meets that definition. And either you know that and are just trying desperately to make Walz look bad (but aren’t fooling anyone) or you have zero understanding of finances. This dog won’t hunt with middle America who would LOVE to be in Walz’s financial shoes. |
DP. "Multiple millions of dollars"?? What on earth are you talking about? Walz’s exact net worth is not known, but it’s estimated to be between $112,003 to $330,000 without counting his federal pension, which could add as much as $800,000 to that number. A 2019 disclosure estimated the pensions to be worth $81,000 to $215,000 and a federal retirement plan for his years of service in Congress could earn a federal retirement benefit of $55,000 per year. https://www.newsnationnow.com/politics/2024-election/tim-walz-net-worth/#:~:text=A%202019%20disclosure%20estimated%20the%20pensions%20to%20be,a%20federal%20retirement%20benefit%20of%20%2455%2C000%20per%20year. |
DP. Stop spreading misinformation. He has NO investments, other than the very modest pensions. Walz's net worth comes from his and his wife's salary and pensions. The couple do not own stock or have any real estate investments. https://www.newsnationnow.com/politics/2024-election/tim-walz-net-worth/#:~:text=A%202019%20disclosure%20estimated%20the%20pensions%20to%20be,a%20federal%20retirement%20benefit%20of%20%2455%2C000%20per%20year. |
I have seen the calculations of his multiple pensions being worth more than 2 million. Pensions are worth a lot! |
Selling a house and not investing those money is dumb. He clearly stated he has no investment. Did he just put money into saving account. He lost at least 7% to inflation. |
A plain old cd get 5% interest for the past couple of years. Not too shabby! |
You are lying. Why? With a net worth between $112,003 and $330,000, Walz sits far below his peers. Research shows that the average net worth for congresspeople and senators is around $1 million. If we’re estimating that Walz’s net worth is on the high end of that—$330,000—he’s still far below where a typical 60-year-old should be if they want to retire. And while Walz does not have a 401(k), IRA, or taxable brokerage account, he does have a pension, which seems to be his sole source of retirement funds. Nowadays, the pension is a relic. Only about 15 percent of private-sector workers have access to a pension, according to data from the Bureau of Labor Statistics. https://slate.com/business/2024/08/tim-walz-finance-disclosures-retirement-savings-pensions-average-american.html |
lol I love some of the extremely confident stupid people on this forum who think they have financial expertise. The man and his wife were teachers for many years and have pensions between teaching and service in Congress. There are ways to attach monetary value to pensions and they are typically much higher than you would think. |
He doesn't have A pension, he has 4, and his wife has 1, so that makes it 5. Just his congressional pension alone is upwards of 100K a year. The others all add up to another 100K. That's plenty of money to retire on. Whoever wrote that article is an idiot. |
And yet this wasn’t an issue when Mike Pence was on the ticket with an even sadder financial situation. No one is taking you seriously. |
What are you talking about? You admit he has a pension (five actually), demonstrate that you don't know how to financially value them, and then end by saying that not many people have pensions these days. As much as it gets thrown around here, your post is classic word salad. |
| I'm sorry. Why should I care about Tim Walz's retirement plan?? |
| I care more about the billions of dollars Trump took from Egypt and kushner took from Saudi Arabia and I do about how Tim is going to retire |
You shouldn’t, except for the clear evidence it provides that he’s not in any billionaires’ or foreign governments’ back pockets. Unlike the other side. |