Posts tagged Military Suicide
#193 Help Our Veterans!

In honor of the recent Veterans' Day holiday, guest Ann Marsh, Senior Editor and West Coast Bureau Chief of Financial Planning Magazine joined the show. In a must-read article, Ann highlighted how financial problems are weighing on our servicemen and servicewomen, and in some cases, contributing to suicide.

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If you want to help, contact your favorite lawmaker and encourage him/her to support the Holt Amendment, which designates $1 million to study the links between financial stress, financial abuse, and military suicide and to generate recommendations to address these issues.

The two organizations that Ann mentioned are: www.giveanhour.org, which is in the process of considering launching a financial planning arm of its services and www.psycharmor.org, which is putting together a new network of private sector professionals to help soldiers and vets, including financial planners.

Your calls and e-mails are always great-this week was no exception. Kurt from Alaska is considering selling his home, just one year after buying it; Cheryl needs help allocating her investment accounts; Michael wants to know about buying real estate inside his IRA and a Petty Officer was wondering about the impact of rising mortgage interest rates on his VA loan.

When a complicated estate planning question arises, like one from Keith, I recommend consulting an attorney. I know it costs money, but these are thorny issues that require an expert. Edward is weighing a lump sum pension pay out versus an annuity and Philip wanted to know whether he should invest in an insurance policy on his mother.

Thanks to everyone who participated and to Mark, the BEST producer in the world. Check out Mark's first-producing credit for this CBS Evening News segment that aired recently. If you have a financial question, there are lots of ways to contact us:
  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE