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The sandwich generation is a story as old as time (sort of), but the impact of it is growing for multiple reasons. For starters, a very significant number of adult children are still living at home.
The sandwich generation is a group of middle-aged adults who care for both their aging parents and their own children. It is not a specific generation or cohort in the sense of the Greatest Generation or the Baby boomer generation , but a phenomenon that can affect anyone whose parents and children need support at the same time.
The sandwich generation is also saving money for their children to take care of them. According to the study, 42% say they've put aside $43,136.67 on average.
The “sandwich generation” refers to adults in their 30s-50s who are managing the responsibilities of caring for dependent children and family, while caregiving for aging parents. We are ...
When I first heard of the phrase, sandwich generation, I naturally thought I was a member, just as I would have figured people were talking about me if they had said the Pizza Generation or the ...
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
Cheng also recommended that the sandwich generation take advantage of child and dependent care credits. The maximum child and dependent care credit is $1,050 for one dependent or $2,100 for two or ...
About two-thirds of the sandwich generation -- Americans, typically in their 40s and early 50s, who are balancing the financial demands of raising children while also supporting a parent age 65 or...