What you need to know about Mike Pence since he is no longer vice president

Former Vice President Mike Pence has been a popular topic of conversation lately.

There are reports of Pence being homeless since he is no longer vice president and he sold his Indiana home when he became Indiana's governor in 2013.

Plus, many wonder if he'll still be involved in politics or if Pence is planning to ride off into the sunset.

Here's what you need to know about former Vice President Mike Pence:  

Where is Mike Pence?

Pence and his wife, Karen, are currently living in northern Virginia where the former vice president has opened a transition office, according to USA Today.

Outgoing presidents and vice presidents are allowed six months of services to complete any official business.

While no exact locations has been given, Pence plans to return to his home state of Indiana this summer, according to IndyStar. He made a quick trip to speak with Hoosiers in Columbus, Ind., on Jan. 20.

"I've already promised Karen will be moving back to Indiana come this summer," Pence said. "There's no place like home."

Coming to a close:How Pence's hometown views his legacy

What is Pence doing now?

Once his vice presidential transition is finished, Pence will be a "distinguished visiting fellow" at the Heritage Foundation, according to USA Today.

The plan is for Pence to advise policy experts, deliver policy speeches and write a monthly column for the conservative think tank.

Pence credits the Heritage Foundation for shaping his conservative philosophy, as the foundation was used to shape the Indiana Policy Review. Pence was president of the Indiana foundation and a radio talk show host before joining Congress in 2000. 

How is Mike Pence?

Pence was pretty emotional during his 15-minute speech in Columbus on Jan. 20.

According to IndyStar, Pence's voice was "cracking" and he was "holding back tears" at the podium.

He congratulated President Joe Biden and Vice President Kamala Harris before thanking former President Donald Trump for his opportunity to "serve the nation."

Donald Trump:What the former President said about Mike Pence on final day

“While we don't know what the future holds," Pence said, "we know who holds the future. I'm absolutely confident that the best days, for this one nation, under God, indivisible, with liberty and justice for all, are yet to come.”   

What did Donald Trump say about Mike Pence?

Trump only spoke for about 10 minutes during his final speech as president, according to USA Today. His comments on Pence were very brief.

"I want to thank our vice president, Mike Pence and Karen," Trump said.

What is Mike Pence's net worth?

In 2019, Forbes reported Pence didn't have much besides $65,000 in index funds and under $15,000 in a bank account. However, his state and federal pensions working as a government official total about $85,000 per year for the rest of his life.

According to Forbes' calculations, those pensions would make Pence worth about $1.2 million but he still owes on a six-figure student loan debt. Factor in a payoff of those student loans, Forbes places Pence's net worth at $1 million.

Chris Sims is a digital sports producer at IndyStar. Follow him on Twitter: @ChrisFSims.