How the Obama’s Manage Their Money

3017641568_440f414583_oCelebrities and other public figures are only human. Just like many American’s, President Obama and his wife, Michelle, are still paying off their mortgage.

But unlike a lot of Americans, they also have substantial cash and savings — both for their daughters’ college educations and for their retirement.

They’re also in line to receive that dinosaur of retirement income: a defined-benefit pension.
That’s all according to their 2014 financial disclosure, which was recently released.

Find out more at CNN Money.

Photo courtesy of: John Althouse Cohen