Transitioning out of uniformed service is challenging, no matter how long a veteran has served. Onward Ops pairs veterans with mentors from their destination community...including here in North Texas. 

Brigadier General Mike Eastman, Executive Director of Onward Ops, and Andrea McCarren, President of the PenFed Foundation talked with KRLD's John Liddle about the unique program.

Image: roibu/GettyImages

Transitioning out of uniformed service is challenging, no matter how long a veteran has served. <a href="https://onwardops.org/" data-saferedirecturl="https://www.google.com/url?q=https://onwardops.org/&amp;source=gmail&amp;ust=1713443760683000&amp;usg=AOvVaw1DzmG14QnFX4f5Ny8_IT6l">Onward Ops</a> pairs veterans with mentors from their destination community...including here in North Texas. 
Brigadier General Mike Eastman, Executive Director of Onward Ops, and Andrea McCarren, President of the PenFed Foundation talked with<a href="https://www.audacy.com/krld/authors/john-liddle" data-saferedirecturl="https://www.google.com/url?q=https://www.audacy.com/krld/authors/john-liddle&amp;source=gmail&amp;ust=1713443760683000&amp;usg=AOvVaw0d-Pn0I2gUOw6eZOrQRj1g"> KRLD's John Liddle</a> about the unique program.
Image: roibu/GettyImages

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Helping veterans transition out of uniformed service

Housing affordability continues to be a conundrum for many Americans, both from the perspective of renting and buying. Recent findings from a comprehensive Bankrate study indicate a significant tilt towards renting being more economical than buying, particularly in large metropolitan areas.

Housing affordability continues to be a conundrum for many Americans, both from the perspective of renting and buying. Recent findings from a <a href="https://www.bankrate.com/real-estate/rent-vs-buy-affordability-study/" data-saferedirecturl="https://www.google.com/url?q=https://www.bankrate.com/real-estate/rent-vs-buy-affordability-study/&amp;source=gmail&amp;ust=1714571271641000&amp;usg=AOvVaw3Ukd2OTzOiMHWnShZ4kHFK">comprehensive Bankrate study</a> indicate a significant tilt towards renting being more economical than buying, particularly in large metropolitan areas.

In North Texas buying a home costs 73% more than renting

When you're trusting someone with your money, there's an expectation that they have your best interests in mind. But that's not always the case.

Jill Schlesinger writes in her latest blog: "For years I have bemoaned the fact that many financial professionals were not always required to act in the best interest of their clients, i.e., they were not required to adhere to the fiduciary standard of care. Instead, brokers and insurance reps who sold securities products were held to a lower standard of care called “suitability,” which meant that what they recommended had to clear the low bar of what is suitable, though not necessarily in your best interest."

But there is some progress being made on the subject. KRLD's John Liddle talked with CBS News money expert Jill Schlesinger about this hot topic.

Photo credit: Getty Images

When you're trusting someone with your money, there's an expectation that they have your best interests in mind. But that's not always the case.
Jill Schlesinger writes in <a href="https://www.jillonmoney.com/blog/progress-on-fiduciary" data-saferedirecturl="https://www.google.com/url?q=https://www.jillonmoney.com/blog/progress-on-fiduciary&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw0PZH1OisvUKIDAJxyITGsW">her latest blog</a>: "For years I have bemoaned the fact that many financial professionals were not always required to act in the best interest of their clients, i.e., they were not required to adhere to the fiduciary standard of care. Instead, brokers and insurance reps who sold securities products were held to a lower standard of care called “suitability,” which meant that what they recommended had to clear the low bar of what is suitable, though not necessarily in your best interest."
But there is some progress being made on the subject.<a href="https://www.audacy.com/krld/authors/john-liddle" data-saferedirecturl="https://www.google.com/url?q=https://www.audacy.com/krld/authors/john-liddle&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw2JmfTXYQ7p52rTMbR4z3dw"> KRLD's John Liddle</a> talked with CBS News money expert <a href="https://www.jillonmoney.com/about" data-saferedirecturl="https://www.google.com/url?q=https://www.jillonmoney.com/about&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw2WKXKeal9uucMHZ6tGPh_f">Jill Schlesinger</a> about this hot topic.
Photo credit: Getty Images

What's the 'fiduciary standard of care' and why should I care?

It's another humid morning across North Texas, with some fog forming across the area. Temperatures started in the 60s Tuesday morning with low clouds invading from the south. It'll be another nice day with highs in the mid-80s. South winds have returned at 10 to 20 mph.

Photo credit: National Weather Service

It's another humid morning across North Texas, with some fog forming across the area. Temperatures started in the 60s Tuesday morning with low clouds invading from the south. It'll be another nice day with highs in the mid-80s. South winds have returned at 10 to 20 mph.
Photo credit: National Weather Service

Helping veterans transition out of uniformed service

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