Financial status and well-being in recently separated military veterans
- Elbogen, E. B., Zeber, J. E., Vogt, D., Perkins, D. F., Finley, E. P., & Copeland, L. A. (2022). Financial status and well-being in recently separated military veterans. Military Medicine, usac030. https://doi.org/10.1093/milmed/usac030
- This longitudinal study examined factors that contribute to Veterans’ financial wellbeing (i.e., financial satisfaction, financial functioning) and adjustment to civilian life after separating from the military. At baseline, upon separating from the military, 14,831 Veterans completed questionnaires about their demographic characteristics (e.g., age, education, rank, parent status, race), resilience, and financial status (e.g., stable housing, insurance). 33 months later, Veterans reported on their current vocational status (i.e., education or employment status), social support (i.e., practical and emotional support), life stress (e.g., safety, health problems), financial satisfaction, financial functioning (i.e., ability to manage personal finances), and difficulty adjusting to civ ilian life. A number of factors, such as resilience and social support, can be developed before separating from service and are implicated in Veterans’ financial well-being and difficulty adjusting to civilian life.
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