With your parents living longer and your children working to pursue financial independence, sometimes the so-called Sandwich Generation is left stuck in the middle trying to keep everyone afloat.

According to Pew Research, 47% of adults in their 40s and 50s have a parent that is over age 65 and are raising a young child or financially supporting a child over 18. 15% are providing financial support to both.

So, what can you do when you begin to feel like the generations to your left and right are leaving you gasping for air? Here are some ideas.


  1. Self-Care is Important

During preflight instructions on an airplane, it’s no coincidence that they tell you to put your mask on first. Caregivers often put their own needs last so it’s important to take care of yourself.

  1. Set Limits

Sometimes the hardest word is “no” especially when it comes to family and money. Setting clear boundaries will only help in the long term.

  1. Communicate

A deep breath and the phrase “let’s talk” will go a long way. Open communication about budgeting, limits, and timelines are all necessary.

  1. Divide and Conquer

Have a family meeting and assign specific tasks to adult siblings and adult children. Let everyone in on the financial ramifications of certain decisions and how they could impact the family as a whole.

  1. Plan Ahead

The days are long, but the years will fly by quickly. Make sure you’re thinking about long-term care, medical expenses, as well as college savings.

Remember: You are not alone!

We’re here to help you look at the big picture and plan accordingly.