How the Sandwich Generation Can Help Protect Aging Parents’ Finances

Share Tweet By Sponsored by JPMorganChase Planning and scam prevention tips for caregivers balancing kids and parents If you’re raising children while also supporting an older parent, you’re likely managing schedules, healthcare needs, day-to-day decisions and even finances. People in this group are often called the “sandwich generation,” which now encompasses one in four adults in the U.S. Women also often carry a disproportionate share of this responsibility: three in five family caregivers are women. Women are more likely to report physical, emotional and financial strain from caregiving, which can make it harder to protect their own well-being and long-term financial security. For the sandwich generation, the holidays can be a natural time to talk with parents about money, including how to protect their finances from scams.

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