1822: Embracing The New Frontier: Rethinking The Wellbeing Of Military Veterans Under Career Transition (20126)

This paper explores the intricate dynamics of financial transitions experienced by military veterans as they move from the armed forces to civilian life and corporate careers. Drawing on a qualitative research approach guided by the 4-S Transition Model, the study delves into the subjective experiences of veterans, addressing the gaps in the existing literature that predominantly focuses on objective facets of Financial Well-Being. First, the research uncovers that financial motives are the primary driver for these transitions. Second, it uncovers the challenges, such as income structure transformation and the shift in financial roles. Third, it highlights veterans' coping strategies, including financial literacy, peer socialization, and seeking support. The study extends the 4-S Transition Model by highlighting nonlinearity. Then, it enriches Financial Well-Being models by emphasizing objective and subjective dimensions. Finally, practical implications are outlined for policymakers, support organizations,

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