Sandwich generation struggles: squeezed between parents and kids

The-Sandwich-Generation-Squeezed-Between-Parents-and-Kids

Many baby boomers are experiencing a new definition of middle age. Life may not be the only thing you’re in the middle of—you may have found you’re also in the middle of caring for both your children and parents. You’re a member of the sandwich generation.

One-fifth of Americans are providing financial support to a parent and/or an adult child, according to a 2015 Ameritrade study—spending an average of $12,000 over a 12-month period. One-third of the Americans who are providing financial support are also serving as a caregiver to another adult in their family. 

The weight of those dual responsibilities can be heavy. And the cost extends beyond finances. Juggling the emotional, logistical and financial aspects is no easy feat; but there are ways to make the process easier.

Click here to learn more about how to balance caregiving duties when you’re stuck in the middle.

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