The document "The Sandwich Generation: Rising Financial Burdens for Middle-Aged Americans" by Pew Research Center discusses the increasing financial pressures faced by middle-aged Americans who are simultaneously supporting their aging parents and their own children.
The Sandwich Generation: Rising Financial Burdens for Middle-Aged Americans report was published by the Pew Research Center.
Q: What is the Sandwich Generation?
A: The Sandwich Generation refers to middle-aged adults who are simultaneously caring for their aging parents and supporting their own children.
Q: What are the financial burdens faced by the Sandwich Generation?
A: The Sandwich Generation faces financial strain due to the costs of supporting both their parents and their children.
Q: Who does the Sandwich Generation typically consist of?
A: The Sandwich Generation typically consists of adults in their 40s and 50s.
Q: What is the impact of the financial burdens on the Sandwich Generation?
A: The financial burdens on the Sandwich Generation can negatively affect their retirement savings and overall financial well-being.
Q: Are there differences between men and women in the Sandwich Generation?
A: Research shows that women in the Sandwich Generation often face greater financial burdens and have to make sacrifices in their careers.