Pretty amazing how much a guy who is retiring after holding a $200,000 a year government job for 8 years can afford? Are those lame ghost written books of his really taking off? He must be a really good money manager!
POTUS salary has been $400,000 since 2001. But we get your point.
Its $400K a year. Bush got $200K and the constitution says that you can raise the salary but not for the current office holder so it took affect when Bush left.
$200,000 a year-———it was $400,000 a year-—PLUS the $160,000 a year pension that he arranged for his MIL to get for ‘being a caretaker of his 2 kids while he was in the White House. $160,000 a year!! for being a Grandma!!! YUCK!!
And ALL thosde ‘speaking engagement—like the Clintons—and money from being a ‘Community Organizer’-—and all that money from selling access....
$200,000 a year-———it was $400,000 a year-—PLUS the $160,000 a year pension that he arranged for his MIL to get for ‘being a caretaker of his 2 kids while he was in the White House. $160,000 a year!! for being a Grandma!!! YUCK!!
And ALL those ‘speaking engagement—like the Clintons—and money from being a ‘Community Organizer’-—and all that money from selling access....
The most recent salary increase, to $400,000/year from $200,000/year, took effect when George W. Bush became President. The President also receives a $50,000 non-taxable expense account. The compensation of the President is controlled by law, specifically 3 USC 102 ("Compensation of the President", Title 3, Section 102, of the US Code).
Pension
The Secretary of the Treasury pays a taxable pension to the president. Former presidents receive a pension equal to the pay that the head of an executive department (Executive Level I) would be paid, as of 2015 $203,700 per year. The pension begins immediately after a president's departure from office. A former president's spouse may also be paid a lifetime annual pension of $20,000 if they relinquish any other statutory pension.
Secret Service protection
Former presidents were entitled from 1965 to 1996 to lifetime Secret Service protection, for themselves, spouses, and children under 16. A 1994 statute, (Pub.L. 103329), limited post-presidential protection to ten years for presidents inaugurated after January 1, 1997. Under this statute, Bill Clinton would still be entitled to lifetime protection, and all subsequent presidents would have been entitled to ten years' protection. On January 10, 2013, President Barack Obama signed legislation reinstating lifetime Secret Service protection for himself, George W. Bush, and all subsequent presidents.
Richard Nixon relinquished his Secret Service protection in 1985, the only president to do so
400,000 x 8 = 3.2 million There are some other perks which even with rounding would top out at 4 million. He will have book deals and of course speechifying as we know can be um very lucrative.