The First Command Financial Behaviors Index (FBI) assesses trends among U.S. military service members and the general population.* The FBI tracks financial behaviors, along with the intentions and attitudes of these two populations.
Research reveals that military families who work with a financial coach are 2x more likely than financial DIYers to feel confident about retirement.
For three years running, military families demonstrate a clear preference for permanent life insurance to supplement the SGLI benefit.
The spike in back-to-school spending among military families stands in contrast to general population families, who plan to spend less in 2017.
Anxiety over the future of defense spending and the economy are prompting many of America's career military families to rein in their summer vacation plans.
A survey of career military families reveals a lack of confidence in Congress's ability to void sequestration and avoid a government shutdown.
To read more, visit the First Command News & Media page.
*The First Command Financial Behaviors Index assesses trends among the American public's financial behaviors, intentions and attitudes through a monthly survey of approximately 530 U.S. consumers, ages 25—70, with annual household incomes of at least $50,000. The survey includes active-duty servicemembers in pay grades E-6 and above.
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