In 1981, Dorothy A. Miller coined the term,“sandwich generation,”to signify people caring for aging parents while supporting their own children.
The U.S. Census Bureau estimates the number of Americans 65+ will double by the year 2030 to more than 70 million. This puts nearly 10 million American adults squarely in the category of sandwich generation – those caring for elderly parents who also have their own worries coupled with that of their children.
The Pew Research Center has more evidence that this sandwich generation should be re-examined in 2013 (32 years after its coinage) stating that 1 of every 8 Americans between 40 years and 60 years of age are raising a child and caring for a parent. The numbers suggest that parents caring for parents are experiencing more than the customary levels of daily pressure.
Today’s caregiver is more resilient and has more resources to tap than 32 years ago when the term “sandwich generation” was first coined. People who manage this day-to-day routine typically ignore the research, data and studies and get through the daily challenges as best they can.
When Retiree Health Choices launched its company, the sandwich generation provided fodder for their products and services such as the website EasyMedicareChoices.com. The company’s mission is to make Medicare decisions more consumer friendly. Read the rest of this entry »