Financial Advice for the Sandwich Generation
Between "boomerang" children moving home on the one hand and financially dependent parents on the other, the Sandwich Generation could use a break -- and some sound advice.
sandwich generation
Aging America: Changing Family Dynamic May Lead to Tax Relief
Members of the sandwich generation - caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs - might find some relief come tax time. The bottom line is, who's a dependent?
Why to Save for Retirement First, Your Kids' Tuition Second
One of the hardest decisions parents have to make is whether to put money toward their kids' college educations or toward their own retirement. But as emotionally charged as it may be, the answer is a no-brainer.
Baby Boomers' Money Troubles: They're Worse Than We Thought
The sandwich generation kept its retired parents and jobless adult children afloat through the down years. Now, a new study makes clear how much their retirement plans have paid the price.
The (Extended) Family Home: Why Millions Are Moving In
Multigenerational households in this country are growing fast. At the end of 2009, 51.4 million Americans lived in a home with three or more generations under one roof, up nearly 5 million from 2007. So what's driving this trend, and how can you move in relatives without drowning in drama?
The Triple Threat to Baby Boomers' Retirement Plans
After long careers, members of the leading edge of the baby boom generation have gotten to the age where many would like to retire. But more boomers have chosen to put off their retirement plans -- and the latest impediment may surprise you.
Caring for Aging Parents Will Cost Boomers $3 Trillion
You would probably do anything for your mom and dad, but the cost of caring for them in their old age can be crippling. A new study shows that the nearly 10 million Americans who are providing care for their aging parents will lose an estimated $3 trillion to do so.
