Good, I still would expect him to have retirement plans and the financial habits to achieve them. He’s nearing that age and once he finishes with politics should probably be looking at that.

Fortunately others have mentioned he has government pensions, which are a good financial plan for those who have access to them.

I’m gonna be honest sometimes I forget the government still provides pensions. I hear “no financial investments” and my brain goes to “no retirement money” because amongst many people I know that’s what that means. I don’t want my politicians to be rich or money obsessed, but I personally prefer prudent politicians. If I hear that a politician makes enough to save and chooses not to without having other financial strategies to handle retirement then I worry about how they will approach the government coffers. Not in a “spending our money on welfare” sense, but in a spending our welfare and infrastructure money that should be used as an investment in our country’s present and future on something stupid like corporate tax cuts.

And yes I get the irony there, but to me my first thought really was “oh does he not think about his own future?”

Also bonds really shouldn’t be treated like stocks. We want Americans buying bonds. They’re a literal financial investment in this country. If people stop buying American bonds get a passport now because that means they don’t trust this country is so good for it they can offer mediocre returns because the money is all but certain.

He has at least 2 pensions. I think congresspeople and governors probably get something too.

His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.

I guess that should cover index funds too?

Yeah, he's never going to go hungry or want for medical care for the rest of his life. Like it or not, successful politicians are financially above us peons.

I think the bigger concern for those unaware he has a pension is that he’s bad at his finances, and possibly even a spendthrift. But with knowledge that he’s set with pensions then it makes perfect sense. I still probably would invest if I had a pension because I know how bad not doing so went for many people in the late 20th century, but especially when done out of conviction and to display unwillingness to be bribed as a politician it’s something I respect.