The President’s average annual earnings are just over $400k. But average doesn’t count as there is just one President of the United States. Fact is that the President is the nation’s best-paid government employee. What kind of sucks, though, is that you never can give yourself a pay raise, you are, after all, the President…
What’s great is that by the time you have retired from office, you won’t have any financial worries for the reminder of your life. Additionally, you will receive giant fees for speeches and public appearances (somewhere around $250K for each speech), you can write and sell your memoirs (at least $14 mil), you will be compensated generously for that private equity firm advisory position (another $14 mil), and you even can benefit from some crazy endorsement deals. So you see that you’ll be earning far more after your presidency than you were making while in office. To discover if this career is for you, take one of our quizzes.
But keep in mind that we’re talking about the most demanding and toughest job around in the world. Sure there are positions that may be physically more demanding, but you need to be aware that an entire country (and more) is depending on the President of the United States. All of a president’s successes are diminished, and all errors are magnified. As president, you really need a resilient heart, a thick skin, as well as a brilliant (political) mind, so keep that in mind if you feel you should pursue this one. What also might help is a good jawline, because after all, you will be on TV lots of time and you will need lots and lots of good luck.
Do you want to know what the President is doing all day in his gigantic white house? Well, the President’s duties are quite extensive. You don’t want to know everything, but he has to read every single bill that was approved by Congress and he has to decide if he lets them pass, or that he will use his veto. The President is also our armed forces’ commander-in-chief, so it’s upon him to decide on matters of war and peace, and the President also needs to maintain relations with other leaders of the world.