Small Change

Free from 'sandwich generation' trap

Proper financial, retirement planning will help one support growing kids and ageing parents

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An overwhelming number of parents say they are under pressure from having to financially support their growing children as well as their ageing parents.

A survey noted that a striking 94 per cent of mums and dads aged between 35 and 55 admit that they are "sandwiched" from providing for both generations or feeling that they have to.

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A version of this article appeared in the print edition of The Sunday Times on October 06, 2019, with the headline Free from 'sandwich generation' trap . Subscribe