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Allianz Life Insurance Company of North America
'Sandwich Generation' Dilemma: How to Balance Your Own Retirement Needs With Caring for Younger and Older Dependents
June 19th, 2009
Caught between supporting kids, caring for aging parents, and planning for their own retirement, many Americans in the Sandwich Generation, adults 40-60 caring for both younger and older dependents, are struggling to balance financial and emotional challenges during the recession. According to Age Wave's 2009 Retirement Tipping Point Report, 40% of the Sandwich Generation now worry they will have to financially support their parents or in-laws. Allianz Life Insurance Company of North America (Allianz) emphasizes that Americans should strive to keep their retirement intact by separating emotion from finance and focusing on the magnitude of the issue rather than...
Source: Health Business Week (2009-06-19)
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