• October 23, 2014

Soldiers get lesson in investing for retirement

Print
Font Size:
Default font size
Larger font size

Posted: Saturday, February 27, 2010 12:00 pm | Updated: 9:20 am, Thu Aug 16, 2012.

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 astair@kdhnews.com or (254) 501-7547.

For more

Learn more about the Better Business Bureau's Military Line at http://centroplex.bbb.org/Military.

More about

More about

More about

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.

Featured Events