Fraud Awareness

After working hard and strategically saving your money, the last thing you want is to fall for a scam. It never hurts to be extra cautious when you receive a suspicious phone call or email. Even when visiting a website that just doesn’t seem legit.

An immediate red flag is when you receive an incoming call or message requesting personal information such as your social security number or banking information.

Scammers are becoming more convincing by posing as the Government, technology support or informing you that you are eligible for a benefit. Staying up to date with current popular scams can help keep you aware and alert on red flags to look out for.

“10 Money-Draining Retirement Scams That Are Easy to Fall For” supplies a list of scams that could affect you or your loved ones.

We understand that scammers can put pressure on you to disclose your personal information. If you find yourself in a position where a scammer has access to your personal information, call our office at (518) 584-2555 to discuss what measures can be taken. 

Did You Know: Unfortunate Fraud Stats

• People over 60 are often targeted by cybercriminals because they are viewed as having the largest piles of savings. They experienced the steepest losses among all age groups in 2023, at more than $3.4 billion, according to the F.B.I. ¹
• The $3.4 billion lost in 2023 was an 11% increase from 2022. ²
• People of all age groups lost $10 billion to scams in 2023.³
• The average victim lost $33,915 in 2023.²

Do You Have a "Magic" Retirement Number?

Americans feel they need $1.46 million to retire comfortably. That number is up from $1.27 million just a year ago, and up more than 50% since 2020.

As we all age and inch closer to retirement, we have a clear picture of what we would like our retirement to look like. In order to prepare for that exciting moment, consider items such as:

• Decide when and where you want to retire.
• Test a longevity calculator. 
• Try to predict how much money you might need each year. 
• Determine the most efficient and strategic way to withdraw your retirement money to fund retirement.

For more insight, click here to read

"Four Steps to Help You Hit Your Magic Number for Retirement."

Retirement planning is our specialty here at SFS and we want to ensure you feel comfortable heading into retirement. Don't hesitate to call our office at (518) 584-2555 to discuss your retirement.

Discover Saratoga is celebrating the 19th year of Restaurant Week! From November 4th - 10th, you're able to find $15 lunch specials and $25 or $30 3-course dinner options from all our favorite local restaurants. Click here to view the participating restaurants.

The 23rd Annual Christopher Dailey Foundation 5K Turkey Trot returns on Thanksgiving morning - Thursday, November 28, 2024 at 8:30am.

Click here to see Saratoga Spring's entire November event calendar!