Do Ex Presidents Get Paid For Life
So, you've just spent four (or eight) years living in the White House, making big decisions, and trying not to fall asleep during state dinners. Now, you're out, and you're wo...
So, you've just spent four (or eight) years living in the White House, making big decisions, and trying not to fall asleep during state dinners. Now, you're out, and you're wondering, "Do I get to keep the Lincoln Bedroom, and more importantly, do I get paid for life?" Well, grab a latte, and let's dive into this like we're old pals at the café.
Let's Talk Dough, Baby
First things first, the paycheck. After leaving office, former presidents get a pretty sweet pension. We're talking about $210,700 a year, tax-free. That's right, no Uncle Sam taking a bite out of their hard-earned dough. But wait, there's more!
They also get a $150,000 annual expense account to cover travel and office costs. And if they're feeling fancy, they can use the $100,000 they get for entertainment. So, if you're keeping score at home, that's a cool $470,700 a year. Not bad for a guy (or gal) who's just trying to enjoy their golden years.
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But Wait, There's More!
Now, you might be thinking, "That's all well and good, but what about the perks?" Well, let me tell you, the perks are so good, they make a celebrity's rider look like a sad little list of demands.
Former presidents get lifetime Secret Service protection. That's right, no more worrying about who's under the bed at night. Plus, they get to use the Presidential Retirement Residence in D.C. for up to six months a year. It's like a fancy hotel, but with better room service and no check-out time.
Do USA Presidents Get Paid For Life? - YouTube
And if they're feeling like they want to give back to their country (or just need some extra cash), they can make speaking fees that would make a rock star blush. We're talking $100,000 to $300,000 per speech. Cha-ching!
But What About the Little Guys?
Now, you might be wondering, "What about the vice presidents? Do they get to live the high life too?" Well, not quite. They get a $221,400 annual pension, which is nothing to sneeze at, but it's still less than half of what a former president gets.
How Much Does the President Make During and After Office?
And here's where it gets a little weird. Former vice presidents don't automatically get Secret Service protection. They have to apply for it, and it's only granted on a case-by-case basis. It's like they're saying, "You were one heartbeat away from the presidency, but now you're on your own, buddy." Ouch.
So, Is It Worth It?
Now, you might be thinking, "All this sounds great, but is it worth the stress of being the leader of the free world?" Well, that's a question only they can answer. But hey, at least they get a nice pension and some fancy perks out of the deal.
And who knows? Maybe one day, we'll all be lucky enough to find out what it's like to live like a former president. Until then, we can just dream about the day we get to say, "You know what? I think I'll have the lobster tonight."