Most people when they are young dream about getting a good job and having enough money for themselves. Not many people think about being in the sandwich generation, in fact most people don’t know what the sandwich generation is. The sandwich generation is when a parent has to take care of both their kids and their parents. The age group for people in the sandwich generation is mainly 40-60 years old. The term sandwich generation was put in the dictionary in 2006 due to Carol Abaya. The sandwich generation can definitely cause financial issues. It causes most people to become depressed physically and mentally. Trying to focus on your kids in school and your parents in and out of the hospital and still have your own problems is extremely stressful. Mostly people that are considered being in the sandwich generation are women. My guess is because women are very emotional and tend to have sympathy and would quickly want to become a caregiver for their parents.
According to Babyboomersrwe.com, the number of parents living with their adult children increased from 2.2 million in the year 2000 to 3.6 million in 2007. The fact of the matter is that the more the number increases, the more people are going to struggle financially. The scary part is the number is projected to double in the years to come. The sandwich generation is definitely a huge issue and should be taken seriously by everyone