May 2019
to stay up to date on LPL Financial's weekly market & economic
Sandwiched: Balancing Financial Priorities
Millions of Americans today are feeling the squeeze of what's called the "Sandwich Generation" - a growing part of the middle-aged adult population providing care for both their children and their parents. 

Along with working full-time and trying to save for retirement, there's no doubt that providing care and financial support for children and parents can be stressful. Taking control sooner rather than later can help relieve some of that stress. Plan diligently, adjust some expectations if you need to, and make your future a priority.

Life is unpredictable and this hectic time won't last forever, so try to embrace the uncertainty and focus on what matters most - being there for your loved ones and planning for your future.

Click here for ideas to help you balance these financial priorities. 
Did You Know?
- 47 - Percent of adults in their 40s and 50s who have a parent 65 or older and are also raising or supporting a child.

- 1 in 7 adults are financially assisting both their parents and one or more children. 

- 25 - Percent of individuals that will be non-professionally involved in elder care at some point in their lives.

3 Ways Genealogy Benefits Seniors
More and more seniors across America are leaving their loved ones an unconventional legacy - knowledge of their family's ancestral roots! 

In the age of the internet, ancestry and genealogy research has increased dramatically with additional access to online historical records. Older adults who are retired and have time on their hands have made genealogy a popular hobby. In addition to discovering their roots, there are several other benefits seniors get from studying their family history. 

Click here for 3 Ways Genealogy Benefits Seniors - if you haven't already, you may be convinced to start your research!
Local Events this Spring
SFS Shred Event

Reminder! Our 8th Annual Shred Event will be held tomorrow, May 4th from 9:30am until 12pm! We will be located in the parking lot adjacent to our building at 18 Division Street in Saratoga Springs. We hope to see you there! 

The Wesley Foundation Gala - 
Sailing into Summer

The Wesley Foundation will be hosting its annual gala on Saturday, May 11th at The Lodge in Saratoga Springs. Get out and celebrate the transition to summer with a nautical-themed evening filled with fun, food and dancing while raising money for a great cause! Tickets can be purchased here.

Saratoga Farmers' Market

The Saratoga Farmers' Market has officially begun its outdoor season at High Rock Park! For the next six months, the market will run from 3 to 6pm Wednesdays and 9am to 1pm Saturdays. Shoppers can choose from a variety of fresh fruit, vegetables, baked goods, wine, flowers, crafts and much more!
Robert Schermerhorn, CFP® Jamie Usas, CFP®,
Operations Manager
Amanda Friedman,
Wealth Consultant
Logo barsSaratoga Financial Services
18 Division Street, Suite 305
Saratoga Springs, NY 12866
Phone: 518-584-2555
Toll Free: 800-203-6066

Stay Connected!


 Like us on Facebook


  View our profile on LinkedIn
Planning Tip
Create a Healthcare Contingency Plan

While no one likes to think about it, at some point in time you might be unable to make your own healthcare decisions. The best time to address this contingency is long before you're actually in that situation. 

The typical documents you'll need are a healthcare power of attorney, which allows a certain person to make medical decisions on your behalf, and a living will, which outlines your wishes for care in various medical situations.  Be sure to check the laws in your state, since some require a specific language or format for healthcare proxies.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

Securities & advisory services offered through LPL Financial, a registered investment advisor, member FINRA / SIPC