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Susan Kontos Acknowledgements Preparation of this report required the assistance of many highly skilled and very responsive colleagues. We appreciate very much the crash course in military child care that Barbara Thompson and Carolee Van Horn gave us. Saul Pleeter and Tim Fowlkes provided invaluable information about the calculation of various types of military income and allowances, as well as information about potential data sources. Tim Elig generously facilitated our access to and use of.
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RMC FAQ
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VETERANS' BIGGEST NON-HEALTH-RELATED CHALLENGES IN TRANSITIONING TO CIVILIAN LIFE Finding a job - 33% Parting ways with my friends in the military - 28% Finding a purposeful career - 28% Absence of familiar routine/structure - 23% Pursuing educational goals - 15%
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Post-traumatic stress disorder, traumatic brain injury, hearing loss, illnesses caused by toxic exposure and other injuries can show up years later and affect any stage of life. Veterans may lose jobs or face crises. New veteran populations—women, minorities, LGBTQ+ and others—may face inequities.
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Military service members and veterans have made sacrifices to our country, and they may face lots of different health issues. Some of the most common health problems they may have include chronic pain, sleep disorders, and mental health disorders.
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Financial readiness is defined as "the state in which successful management of personal financial responsibilities supports service members' ability to perform their wartime duties." This means that, with more confidence in their personal finances, service members can better focus on their missions — and having current ...
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A hefty 60 percent of survey respondents reported having "some" or a "great deal" of stress related to their current finances. Participants also identified three primary obstacles to their financial security: spouse employment, uncertainty in military life and potential benefits changes.
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A 2021 study by the Military Family Advisory Network revealed nearly 40% of veterans surveyed said they had less than $500 in an emergency savings fund — or no money saved up at all. And more than 80% of veterans surveyed said their finances caused them stress at some point over the last year.
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Financial problems are unfortunately familiar to military families. ing to a 2021 Military Family Support Programming survey, 81 percent of military families are stressed over their finances.
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Veterans may be at greater risk for money mismanagement due to lack of financial experience, targeted predatory loans, and service-related traumatic brain injury. The highest levels of financial stress were found in post 9/11 service members and those closest to retirement.
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