Taking Care of Parents, Taking Care of Kids
This week, I lost a good man. I lost my Papa. In truth, we started losing him slowly about 10 years ago when Alzheimer’s crept in. It was sly and unsuspecting, but when it became more obvious, my grandmother needed help from everyone. Their five children (who live out of town) rotated their time and talent to compensate for each other, despite having children and grandchildren of their own. People in this situation are considered the “Sandwich Generation,” that is, they take care of both their parents while raising their own family.
According to Pew Research Center, one in seven middle-aged adults (15%) is providing financial support to both an aging parent and a child. Join us today as we discuss the “Sandwich Generation” and hear from our guest Prout Financial Design’s very own Heidi Thompson, who is currently a member of this group.