Tim Walz discloses a six-figure salary, modest retirement savings and a pension

Democratic vice presidential candidate, Tim Walz, has released his financial disclosure form, shedding light on his relatively simple financial life compared to many other politicians. Walz reported an income of $210,287 from his role as governor of Minnesota and holds a bank account with between $15,000 and $50,000 in cash. He reported no debts and does not own any individual stocks or bonds. However, he does have retirement savings accounts with funds allocated for 2030 target date retirement, Vanguard midcap index, and State Street short term investment. Walz is also eligible to receive pension income from his time in public service. He mentioned his pensions during a campaign event in which he emphasized the importance of having a defined benefit pension plan.