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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.
Meanwhile, the sandwich generation as a whole is struggling to make ends meet as they care for children and the elderly. The study finds that 40% say they "made a financial decision they regret ...
An increasing number of millennials, ages 27-42, make up the sandwich generation — those who care for both children and elderly relatives at the same time. Here's how they should prepare.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
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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 ...