6 Ways to Bounce Back After Being Forced into Retirement
Many folks leave their careers before they had planned, and this type of sudden retirement can be a financial shock. Here are six strategies to help get you back on solid ground moving forward. Getty Images When it comes to retirement, expectations and reality...
Armistice Day: World War I ends – 1918 November 11
At the 11th hour on the 11th day of the 11th month of 1918, the Great War ends. At 5 a.m. that morning, Germany, bereft of manpower and supplies and faced with imminent invasion, signed an armistice agreement with the Allies in a railroad car outside Compiégne,...
Top 7 Reasons to Roll Over Your 401(k) to an IRA
The benefits of rolling over your 401(k) when you leave a job Whenever you change jobs, you have several options with your 401(k) plan account. You can cash it out, leave it where it is, transfer it into your new employer's 401(k) plan (if one exists), or roll it over...
Entrance to King Tut’s tomb discovered – 1922 November 04
British archaeologist Howard Carter and his workmen discover a step leading to the tomb of King Tutankhamen in the Valley of the Kings in Egypt. When Carter first arrived in Egypt in 1891, most of the ancient Egyptian tombs had been discovered, though the little-known...
Family Business Survival Strategies in an Era of Sweeping Tax Reform
Changes to our nation’s income taxes, capital gains taxes and estate taxes – whether already passed or still in the proposal stage – pose massive challenges for family farms and other family businesses. In such an era, it’s good to know you still have tools at your...
St. Louis’s Gateway Arch is completed – 1965 October 28
On October 28, 1965, construction is completed on the Gateway Arch, a spectacular 630-foot-high parabola of stainless steel marking the Jefferson National Expansion Memorial on the waterfront of St. Louis, Missouri. The Gateway Arch, designed by Finnish-born,...
Are You Being Too Frugal in Retirement?
You might be surprised how common it is to be so afraid to spend that you don’t fully enjoy your retirement. But there are things you can do about that. Here are four tips if your fears are holding you back. Getty Images You’ve worked hard your entire life, and now...
Guggenheim Museum opens in New York City -1959 October 21
On October 21, 1959, on New York City’s Fifth Avenue, thousands of people line up outside a bizarrely shaped white concrete building that resembled a giant upside-down cupcake. It was opening day at the new Guggenheim Museum, home to one of the world’s top collections...
Why Roth IRAs Make Sense for Millennials
Decades of tax-free earnings, for starters, plus tax-free withdrawals Younger people tend to be in a lower tax bracket now than they'll be in retirement, which is one reason why Roth IRAs are ideal for Millennials. Roth IRAs don’t get the same upfront tax break that...
Chuck Yeager breaks the sound barrier – 1947 October 14
U.S. Air Force Captain Chuck Yeager becomes the first person to fly faster than the speed of sound. Yeager, born in Myra, West Virginia, in 1923, was a combat fighter during World War II and flew 64 missions over Europe. He shot down 13 German planes and was himself...