I’ve heard the term “sandwich generation.” What does it mean?
The “sandwich generation” refers to the generation (usually in their 40s or 50s now), who are supporting elderly parents as well as providing financial support for their children (usually by paying for their college educations). This generation is sandwiched between an older and younger generation.
In addition to be sandwiched between parents and their children, many are trying to provide for their own retirements. They may also be faced with the possibility of downsizing within their own companies and are concerned about the possible loss of their livelihoods. All this pressure to balance conflicting demands creates considerable stress. To compound this problem, their adult children may be part of the “baby boomerang” generation. (These are adult children who have left the family nest and later return to live with their parents.)
The “sandwich generation” refers to the generation (usually in their 40s or 50s now), who are supporting elderly parents as well as providing financial support for their children (usually by paying for their college educations). This generation is sandwiched between an older and younger generation.
In addition to be sandwiched between parents and their children, many are trying to provide for their own retirements. They may also be faced with the possibility of downsizing within their own companies and are concerned about the possible loss of their livelihoods. All this pressure to balance conflicting demands creates considerable stress. To compound this problem, their adult children may be part of the “baby boomerang” generation. (These are adult children who have left the family nest and later return to live with their parents.)
No comments:
Post a Comment