wilkes

Pretty amazing to attack a dude for doing what other regular folks choose to do sometimes to send their child to college.

Weird flex. You needing some of them tissues too?

Let me know about captain bankruptcies sparkling financial past!

If you're considering a political candidate, it makes sense to examine their record on fiscal issues and how their policies have affected their constituents' finances. But what about the candidate's personal finances?

Such are the conversations surrounding Minnesota governor and vice-presidential candidate Tim Walz.

Walz and his wife Gwen earned about $300,000 in 2023, according to documents shared with the Wall Street Journal. His Republican rival, Senator J.D. Vance, disclosed 2022 income between $1.2 and $1.3 million.

Even more interestingly, Walz told the Journal that he made a roughly $135,000 early withdrawal from a workplace retirement account last year to fund his daughter's college education. It's a move that financial advisors would tend to steer most clients away from.

"Most of the time, it's not advisable," says Gerika Espinosa, a certified financial planner with DMBA in Salt Lake City, Utah. "Because people are doing it at the expense of their own retirement and then their retirement suffers. And then it's kind of a lose-lose situation."

No worries trhough folks, Scamala will cackle us through any fiscal difficulties that may arise...