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Unfortunately, without proper planning, these financial demands can dig into their ability to save for the future.
Here are actionablesteps that the sandwich generation can take to build lasting wealth.
and weighing them against expenses, saidMichael Cocco, CFP, a financial advisor with Equitable Advisors.
Cocco said its important to separate expenses into needs and wants.
Wants, he said, aremore discretionary items, such as travel.
Also, some employers and states offer family leave when taking care of a family member, he said.
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