Feeling squeezed between the pressures of caring for aging parents and raising school-age kids? If this describes you, the specific financial advice here can help you and the two generations relying on you.
Sometimes, it feels like everyone needs you all at the same time. Your elderly parents are not so steady anymore and need you to shovel their snow and figure out how to pay for their expensive heart medication. But your kids are at a tough age, too, and need another $2,000 worth of orthodontia and a shoulder to cry on when what’s-his-face sends a breakup text. This is what it’s like in the sandwich generation—the generation of folks who are caring for kids at home while also helping aging parents navigate late retirement.
