Kiplinger's Financial Solutions for the Sandwich Generation: Ensuring You Have Enough for You, Your Children, and Your Parents
Kiplinger's Personal Finance Magazine
Kaplan Pub., 2006 - Business & Economics - 264 pages
There are approximately 76 million baby boomers in the United States. Depending on whose research you review, between 25 and 75 percent of those boomers are either currently supporting, or will be supporting in the future, both a parent and child. Welcome to the Sandwich Generation. Better medical care means Americans are living longer. Combine longevity with the soaring costs of health care, housing, education, retirement, insurance, long-term care, and more, and the result is that many people struggle to get by on salaries or income once thought princely. Some succeed, others don’t, and still others thrive in this multigenerational environment. This is a book that can help the reader – no matter their generation or age – prepare for, understand, and financially and emotionally cope with many of the issues that come with being a parent as well as the child of aging parents at the same time.
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