Sandwich Generation
The sandwich generation refers to middle-aged adults who are simultaneously supporting their aging parents and their own children. This dual responsibility often encompasses financial support, covering expenses such as school fees and medical costs, which can total around $10,000 or more.
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Sandwich Generation Who Are the Sandwich Generation Parents have children more often closer to 30 Supporting both their parents and their children Middle age adults What type of care and support do they provide Emotional struggles Medical Services Financial The financial costs Around $10 000 on their children and parents Medical Cost School cost The consequences on the caregiver Depression Not enough time Very stressful Balancing their nuclear family life with their extended family life obligations Make sure there are responsibilities on both sides Schedule time for either side of the sandwich The shift of care responsibilities between parent and child Equally disperse jobs Map out finances The benefits to the different individuals involved Parents can be more apart of their children and grandchildren Spend more time with family More support to get a career together