Washington, D.C. – A new survey conducted by Morning Consult for the Bipartisan Policy Center found that Americans who are part of the so-called “Sandwich Generation,” financially supporting both an older adult and a child, face unique challenges in balancing work and life, as well as in managing their finances.
Nearly half of middle-aged adults have a parent age 65 or older and either a minor child at home or an adult child whom they are financially supporting. Many of those adults are part of the Sandwich Generation of caregivers. The BPC/Morning Consult survey found that these caregivers are significantly more likely than the average American to have a pessimistic view of their financial futures.
The survey also found that Sandwich Generation caregivers were more likely than other caregivers to have increased work hours, taken on a second job, or started working when they had not previously been employed in order to afford caregiving expenses, meaning these caregivers are facing increased burdens at work and at home.