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So when Volkswagen announced in 2018 that it would convert its Zwickau factory, the largest private employer in the area, to manufacture nothing but electric vehicles, it was a big deal. “A lot of people were skeptical,” said Michael Fuchs, who has worked at the factory for more than a quarter century. They wondered, “What’s going to happen?” he said. Volkswagen shut down assembly lines churning out its popular Golf hatchbacks and converted the factory, which has its own exit on the autobahn, to make six electric models. The remodeled plant can produce a car a minute, shipping them out by train.
Persons: Horch, , Michael Fuchs, “ What’s Organizations: Volkswagen Locations: Zwickau, Germany’s, Detroit
Switching careers is hard, but it can be particularly daunting for soldiers transitioning into civilian life. However, when it comes to transitioning into the civilian workforce, they need to ask for help, Sweet said. And it’s a matter of finding them.”There are a number of organizations that want to help and hire veterans of the military. Sweet credits his mentors, Ritholtz CEO Josh Brown and Ritholtz chairman and CIO Barry Ritholtz, for helping him succeed. Sweet landed at the firm several years after leaving the Army, with just one financial job under his belt.
Military spouse turned financial planner on creating wealth
  + stars: | 2019-06-17 | by ( Aj Horch | ) www.nbcnews.com   time to read: +3 min
Transitioning from a civilian life to military life can be difficult, especially as a spouse. But former hedge fund analyst and wife to an officer in the U.S. Navy, Tara Falcone says spouses of service members do have options when it comes to creating wealth. Control your investment planYou don’t have to have a career to generate wealth for your family. While the Spousal IRA is not reserved solely for military spouses, the high unemployment rate among military spouses — as high as 24% in recent years — makes it popular. While the amount of money in the fund can vary, most financial experts recommend at least six months of living expenses.
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