As a caregiver have you ever felt "sandwiched" right in the middle between having to care for your children and a spouse as well as caring for your elderly parents? Generally known as the "Sandwich Generation," this growing population is estimated to be affecting one in eight Americans between the ages of 40 and 60 according to a Pew Center study. This same study found that one-in-seven middle-aged adults (15%) are providing financial support to both an aging parent and a child. For many baby boomers caring for grandchildren is a further extension of this sandwich generation phenomenon, which may curtail retirement plans and place extra burdens on their finances. The bottom line is that most caregivers are caught in the middle when it comes to caring for others
Read More