The “sandwich generation” refers to people (mostly women) who are caught between the financial needs of their children and the financial needs of aging or elderly parents—and don’t have enough “bread” to go around. And due to the COVID-19 pandemic, things have gotten worse.
As we discussed in our recent Womenomics webinar, there are still major financial disparities between men and women, and the pandemic exacerbated this existing inequality. This Kiplinger article explains why the sandwich generation is struggling to keep up—and what can be done about it.
Click here to read the article.
This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”). XML is not responsible for any actions taken related to this information.
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