The Sandwich Generation

Everything You Need to Know About the Sandwich Generation in 2024

Jeff Hoyt Jeff Hoyt Editor in Chief

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What Is the Sandwich Generation?

Individuals “sandwiched” between aging parents and adult children are referred to as the sandwich generation. These individuals are often put in a position to care for their children and parents simultaneously. In many cases, they provide both emotional and financial support. As the elderly population grows and a new crop of young adults struggle to attain a solid financial foothold, many older adults find themselves in the sandwich generation.

Understanding the Demographics of The Sandwich Generation

This rising demographic already accounts for about 47 percent of adults in their 40s and 50s who have a parent 65 or older. They are also raising a youngster or supporting a grown child. One in seven of these adults are financially assisting both their parents and one or more children. However, there are many possible scenarios here. Aging and elder care expert Carol Abaya offers three roles those in the sandwich generation typically fall into:

  • The Traditional Sandwich Generation: Adults typically in their 40s or early 50s sandwiched between their elderly parents and their typically adult children who both need financial or other assistance.
  • The Club Sandwich Generation: Older adults in their 50s or 60s who are wedged between aging parents, their adult children, and possibly grandchildren. This term can also refer to younger adults in their 30s or 40s who have younger children, elderly parents, and aging grandparents.
  • The Open-Faced Sandwich Generation: Anyone who is non-professionally involved in elder care — an estimated 25 percent of individuals at some point in their lives.

The term ‘sandwich generation’ is becoming so commonplace that it was added to the Merriam-Webster Dictionary in 2006. However, the dictionary fails to mention the heavy financial and emotional stress that being a part of this generation can cause on caregivers.

The Multiple Stress Factors Faced By the Sandwich Generation

While the number of sandwich generation members has increased dramatically, statistics show that the financial burdens associated with being responsible for multiple generations are rising. Interestingly, it’s primarily not elderly parents or grandparents posing the burden, but rather their adult children.

With more post-college youths coming home to live with parents or doing so throughout school, there are now many 25 to 34 year-olds residing with their parents. This often leaves parents taking care of many of their children’s financial burdens, along with tending to other responsibilities they may bring about.

As if this isn’t stressful enough, those in the sandwich generation are handed double duty by also wanting or needing to help care for their aging parents. That’s a role many consider far more their responsibility than taking care of adult children. Whether their parents live at home or in a facility, there’s overwhelming stress. The burdens of medical costs, helping with daily activities, overseeing supervision, legal considerations, and other concerns can take a physical and emotional toll on top of ongoing financial concerns.

With so many stressors, the sandwich generation can often experience:

  • Caregiver burnout and feelings of depression, guilt, and isolation.
  • Issues finding the time to be a good spouse, parent, and child simultaneously.
  • Trouble managing work, hobbies, relationships, and time for themselves.
  • Psychological issues as they struggle with being pulled in multiple directions every day.

These are only a few potential fallbacks to being a caregiver sandwiched between two generations, but these tips can help keep one on track.

Stress Busting Tips for Members of the Sandwich Generation

The primary mission of a caregiver is to keep everyone safe, happy, and healthy. However, they often neglect to care for their own needs. Fortunately, these tips can help reduce stress in the family, help relieve financial burdens, and promote a more positive experience.

  • Help financially dependent adult children get started with job tips, advice, etc. If they live in their own place, consider the cost savings of moving them back into your home.
  • Consider having aging parents move into your home to curb expenses.
  • Consider investing in a medical alert system to make sure your loved one is monitored 24 hours a day. You can read our list of the best medical alert systems for a look at our top picks.
  • Think about providing your parents with part-time in-home senior care, as even a few hours of outside assistance can be a lifesaver when it comes to relieving caregiver stress.
  • Whomever you’re responsible for financially, set boundaries with each party by agreeing to provide them with a set amount of support each month or year for pre-determined expenses.
  • Consider an identity theft protection service to prevent your loved one from being scammed or having their identity stolen.
  • Tax benefits for seniors and children of a certain age enrolled in higher education often qualify for tax benefits and breaks. Medical expense claims can also reduce federal tax liability
  • Keep the doors of communication open at all times concerning expectations of family members, their feelings and attempt to resolve any noted issues quickly to keep stress levels low all around.
  • Purchase a high-quality hearing aid to ensure seniors are as alert to their surroundings as ever.

The most critical part of being a successful sandwich generation caregiver is to be kind to yourself! Self-care is essential. Yet it can be easily neglected when your time is balanced ever so cautiously between navigating all of your family members’ needs. Be sure to eat right. Take plenty of downtime to do things you enjoy. Get ample sleep and lots of laughs. Most importantly, never hesitate to ask for help when it’s necessary. There are support groups, assisted living options, and professional counseling that can help when all resources are exhausted.

Written By:
Jeff Hoyt
Editor in Chief
Read About Our Panel of Experts
As Editor-in-Chief of the personal finance site MoneyTips.com, Jeff produced hundreds of articles on the subject of retirement, including preventing identity theft, minimizing taxes, investing successfully, preparing for retirement medical costs, protecting your credit score, and making your money last… Learn More About Jeff Hoyt
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