5 biggest financial mistakes Gen X and Gen Y make

first_imgby: Robert PowellLike anyone, those in Gen X and Gen Y can’t always avoid making mistakes with their money. But there’s plenty they can do to correct mistakes, especially because most of them have enough time — Gen Xers are those born between the ‘60s and the early ‘80s, and Gen Y folks and millennials, born between the early ‘80s and the early 2000s.So we asked some financial-planning experts what mistakes people in these age groups are making, particularly in regard to their retirement planning, and what they can do about it.1. They don’t get professional helpAndrew Sivertsen, a certified financial planner with The Planning Center in Moline, Ill., said biggest retirement mistake is not the fault of Gen X and Gen Y, but the fault of the financial planning/investment advice profession. “These demographics are greatly underserved, yet most major financial decisions happen before we’re 40,” he said. continue reading » 55SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Maximum sentence handed down in Ripley County child molesting case

first_imgVersailles, In. — Thirty-two-year-old Versal Strunk has been sentenced to 50 years in prison for one count of child molesting according to Ripley County prosecutor Ric Hertel. The sentence was handed down following a 90-day delay following his guilty plea.Hertel used testimony from an Indiana State police detective to detail the aggravating factors and the judge agreed to the maximum sentence.Hertel commented after the hearing that many of the 8-year-old victim’s family were present in the courtroom and had to hear many of the terrible details of the sex acts perpetrated against the child.  Hertel said that it was extremely difficult and emotional for many of them.  The victim’s parents chose not to address the court but asked that Hertel represent their interests.Strunk was arrested in October of 2017 for molesting the 8-year-old boy that was in the care of his wife.last_img read more