By Amanda Kim Stairrett
Killeen Daily Herald
FORT HOOD – Holly Petraeus, director of the Better Business Bureau's Military Line, visited Fort Hood Friday afternoon with members of the bureau to lead soldiers through an investing workshop.
"Investing for Retirement" is a new class offered by the Military Line that "covers the basic knowledge every service member should have when considering retirement," according to information from Fort Hood. Topics include emergency savings, investing at a young age, the different types of retirement savings accounts available to military personnel and other things to consider before retirement.
Petraeus was in Central Texas for Feb. 21-28's Military Saves Week 2010 at the invitation of the Austin Better Business Bureau, which covers Central, Coastal and Southwest Texas, according to information from the organization.
"Investing for Retirement" is a part of the bureau's new financial-readiness curriculum.
Petraeus also visited San Antonio's Lackland Air Force Base, Corpus Christi's Naval Air Station and Austin's Camp Mabry during her week in Texas, according to information from the bureau.
Letting soldiers know that there are bureau programs for them is a constant education process, Petraeus said Friday. They earn more while deployed, and she said she doesn't like to see them come back and misspend their money.
Many in uniform don't know that the bureau can get involved and help with dispute resolutions, Petraeus added. She said a service member recently came to the bureau after a dispute with a car dealership that sold a lemon. A business is often more forthcoming when learning the bureau is involved, Petraeus said.
Petraeus' husband is Gen. David Petraeus, who leads U.S. Central Command.
For more on this story, read next week's Fort Hood Herald.
Contact Amanda Kim Stairrett at email@example.com or (254) 501-7547.
Learn more about the Better Business Bureau's Military Line at http://centroplex.bbb.org/Military.