Sandwich generation faces financial squeeze

£27.00

This 570-word blog post shares some new research into the financial pressures faced by members of the so-called sandwich generation. Written on 13th May 2019.

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Description

Article preview: We often hear about the so-called sandwich generation and the financial pressures they face. Sandwich generation refers to a group of people trapped between financially dependent adult children and demands from their elderly parents. It can place a great deal of time and financial pressure on individuals and couples, who might otherwise be in the prime financial position of their lives. New research from insurer SunLife has found that half of the people in their 50s, 60s, 70s and 80s are continuing to support their children financially.