Category Archives: sandwich generation

Sandwich Generation Resources

Did you know that, although the term “Sandwich Generation” has been in the Merriam Webster dictionary for only 9 years, it was first coined nearly 25 years ago to describe those caring for their growing children and aging parents? Or that the average Sandwich Generation couple spends $10,000 a year, as well as over 25 hours a week, in their care-giving roles? With more Boomerang Kids returning home, the number of those financially supporting both their grown children and their parents has grown to one-quarter of all adults. Baby Boomers … Continue reading

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In the Middle of the Sandwich Generation

What’s your priority? Your mother-in-law needs a ride to the doctor and your dad’s calling on the phone because he can’t remember that you just hung up. Last week, your older son asked if he could move home to save money for graduate school. And now your teenager needs help with her science project, due tomorrow, an hour before your board meeting. Sounds familiar? Welcome to the Sandwich Generation. You’re part of an increasing number of Americans facing the challenges of kids growing up and parents growing older. Perhaps you have … Continue reading

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Sandwich Generation Roommates

Baby Boomers are joining the ranks of the Sandwich Generation in droves, with multi-generational households on the rise. As the children of Boomers struggle with a financial trifecta of the still sagging economy, high student loan debt and underemployment, many Millennials are returning to the nest as Boomerang Kids. At the same time, Boomers’ aging parents are feeling a financial pinch as their retirement incomes dwindle, causing some to make changes in their housing. Boomers who had dreamed about enjoying an empty nest may instead find themselves hosting their parents … Continue reading

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The Clintons and Charlotte: Baby Boomers and Grandbabies

Chelsea Clinton, 34 and Marc Mezvinsky, 36 were married in 2010. And last week she gave birth to their daughter Charlotte, thrilling first-time grandparents Hillary and Bill. Delaying parenthood has become more common. The National Center for Health Statistics reported that between 1980 and 2004, the number of women giving birth at age 30 doubled and at age 35, tripled. Reasons to put off having children run the gamut from nurturing a career to coping with a challenging economy. Millennials today are focused on pressing issues like underemployment, huge student … Continue reading

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