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Tim Walz’s net worth is less than the average American’s
(fortune.com)
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this post was submitted on 09 Aug 2024
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Military retirement benefits and teachers pensions mean you don't have to save a ridiculous 401k. Your average American wishes they had that freedom. Not a dig on Walz, just a dig on our retirement and healthcare system.
Yep. This.
All those pensions and lifetime benefits are worth a lot in financial planning and means you aren’t slaving as hard to build the large nest egg required to actually have a hope of retiring. They put their years of service in to get those benefits. It’s always amazing to me how much having those benefits in someone’s back pocket changes their perspective, it’s a freedom that most Americans will never know.
Do they not count the present value of an annuity when calculating net worth? Seems like a major oversight.
Journalism is all but dead. 6 conglomerates own 95% of our media and now "journalists" P-hack whatever data fits the narrative they are told to push.
Journalism is printing what someone else does not want printed: everything else is public relations
The article isn't even counting Vance's real estate as part of his net worth so I'm not expecting them to be too thorough.
You forgot about his 12 years in congress.