As millennials start to hit middle age—and boomers near their 80s—the number of Americans caring for both older and younger generations is poised to surge
Key Points
The 'Sandwich Generation' is growing, with more Americans caring for both children and aging parents. This is because of people having children later and living longer.
The growing burden on the 'Sandwich Generation' is having a negative impact on their careers, quality of life and financial health.
Politicians are taking notice of the 'Sandwich Generation' and proposing policies to support it, such as expanding Medicare benefits to cover home healthcare and providing tax credits to unpaid family caregivers.