Have you heard of the terms “Sandwich Generation” or “SandGEN”? This generation refers to adults who are responsible for their own needs as well as the care and support of both their dependent children and elderly family members. Investing is an important part of one’s financial security. As a member of SandGEN, you can also be affected by the financial security of your children and your parents. Members of this generation face difficult financial considerations when balancing their own economic needs with the needs of their families. For example, did you know that nearly half of those in the Sandwich Generation do not have adequate means to finance their own retirement? At the same time, most consider paying for their children’s college tuition a parental responsibility. On top of that, caring for an elderly family member often involves a significant financial obligation as people are living longer and health costs continue to increase. If an elderly family member makes a bad investment decision they may need more support from you in their later years. In addition, families often refer investments to each other. In this case, if one family member becomes a victim of an investment scam, the entire family could end up losing money. With so much at stake, it is imperative that you always investigate before you invest. Just as every investor is different, so too are investments. What may be a suitable investment for one investor may not be right for another. Members of SandGEN should be familiar with the relationship between their own financial goals and their tolerance for investment risk. The following pages contain information and resources on common types of investment scams, red lags, tips and checklists to help you develop good financial habits, and suggestions on how to start talking to your elderly family members and children about financial issues. Familiarize yourself with these topics and consider how they might be part of your overall financial planning.

Click here to download your copy of Sandwich Generation: Caught in the Middle.   Request a Speaker Click here to request a NASAA Member to speak about the Sandwich Generation at your event.  Be sure to write "Sandwich Generation" as the requested topic.