What is the percentage of the U.S. population of adult children in their 40s and 50s, are taking care as well as financially supporting their children and their adult parents?
Nearly half (47%) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child (age 18 or older). And about one-in-seven middle-aged adults (15%) is providing financial support to both an aging parent and a child. Pew Center Research – The Sandwich Generation – Sample Size group n=844, n=1,185 (2013)Hundreds of thousands of American seniors utilize assisted living, a figure that is only growing. For these seniors, assisted living combines residential housing,assistance in daily activities, and some healthcare. These communities also strive to provide an atmosphere that is comfortable and engaging for their residents… Read More >