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NASAAdotOrg reports: “Have you heard of the terms Sandwich Generation or SandGEN? This generation refers to adults who are responsible for their own needs as well as the care and support of both their dependent children and elderly family members.”
“Investing is an important part of ones financial security. As a member of SandGEN, you can also be affected by the financial security of your children and your parents. Members of this generation face difficult financial considerations when balancing their own economic needs with the needs of their families. For example, did you know that nearly half of those in the Sandwich Generation do not have adequate means to finance their own retirement? At the same time, most consider paying for their childrens college tuition a parental responsibility. On top of that, caring for an elderly family member often involves a significant financial obligation as people are living longer and health costs continue to increase.”
Sandwich Generation – NASA.org
Sandwich Generation
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